March 7, 2012 1:32 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Iron Mountain (NYSE: IRM) are higher on the session by 0.28%, currently trading at $28.95. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the July 2012 $32.50 put, which has traded 11,400 times on open interest of 5,527 contracts. Put volume is outpacing call volume by 81 to 1. Iron Mountain Incorporated is an information management services company. The company's information management services are divided into three service categories: records management services, data protection and recovery services, and information destruction services.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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