February 28, 2012 3:32 PM | 1 min read |
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Shares of D.R. Horton (NYSE: DHI) are lower on the session by 2.35%, currently trading at $13.90. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $14.00 put, which has traded 1,200 times on open interest of 689 contracts. Put volume is outpacing call volume by 6 to 1. D.R. Horton, Inc. is a homebuilding company in the United States. It constructs and sells homes through its operating divisions in 26 states and 72 metropolitan markets of the United States, primarily under the name of D.R. Horton, America's Builder.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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