Notable Call Options Activity in CarMax - CarMax (NYSE:KMX)

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 CarMax (NYSE: KMX) are higher on the session by 4.27%, currently trading at $32.45. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $33.00 call, which has traded 672 times on open interest of 100 contracts. Calls are outpacing puts today by 5 to 1. CarMax, Inc. is a holding company and its operations are conducted through its subsidiaries. CarMax is a retailer of used cars, which retailed 396,181 used vehicles, during the fiscal year ended February 28, 2011.

27% profit every 20 days?

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