Notable Call Options Activity in Fifth Third Bancorp - Fifth Third Bancorp (NASDAQ:FITB)

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 Fifth Third Bancorp (NASDAQ: FITB) are higher on the session by 0.98%, currently trading at $13.43. The stock has been moving largely lower over the past two months and is currently testing the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $13.00 call, which has traded 5,900 times on open interest of 1,156 contracts. Calls are outpacing puts today by 7 to 1. Fifth Third Bancorp is a diversified financial services company. The bancorp operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors.

27% profit every 20 days?

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