March 12, 2012 9:26 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.
On CNBC's Fast Money, Jon Najarian said that he has spotted unusual options activity in Marvell Technology Group Ltd. (NASDAQ: MRVL). He explained that JPMorgan's positive comments could be the reason for this unusual activity. Marvell Technology Group Ltd. (MRVL) gained 1.14% today, and it closed at $15.04.Guy Adami thinks that The Home Depot, Inc. (NYSE: HD) should be bought. The Home Depot, Inc. (HD) gained 1.02% today, and it closed at $48.59.Karen Finerman likes Pacific Drilling SA (NYSE: PACD), and she wants to buy it tomorrow. Pacific Drilling SA (PACD) fell 0.99% on Monday, and it closed at $9.97.Joe Terranova would buy The Blackstone Group L.P. (NYSE: BX) on Tuesday. The Blackstone Group L.P. (BX) added 0.40% today, and it closed at $15.18.
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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