Notable Put Options Activity in Trinity Industries


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 Trinity Industries (NYSE: TRN) are higher on the session by 1.64%, currently trading at $33.55. The stock has been moving largely lower over the past two weeks and is currently testing the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the April 2012 $31.00 put, which has traded 2,000 times on open interest of 103 contracts.Put volume is outpacing call volume by 47 to 1. Trinity Industries, Inc. is a multi-industry company, which owns a range of businesses, which provides products and services to the industrial, energy, transportation, and construction sectors.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: OptionsMarkets