March 19, 2012 12:58 PM | 1 min read |
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 Moody's (NYSE: MCO) are lower on the session by 0.99%, currently trading at $42.18. The stock has been moving largely higher over the past three months 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 May 2012 $40.00 call, which has traded 3,000 times on open interest of 6,676 contracts. Calls are outpacing puts today by 18 to 1. Moody's Corporation is a provider of credit ratings; credit and economic related research, data and analytical tools; risk management software; quantitative credit risk measures, credit portfolio management solutions, training and financial credentialing and certification services, and outsourced research and analytical services to institutional customers.
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.
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