Notable Call Options Activity in Eastman Chemical - Eastman Chemical (NYSE:EMN)

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 Eastman Chemical (NYSE: EMN) are lower on the session by 0.73%, currently trading at $51.48. The stock has been moving largely lower over the past six weeks and is currently testing the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the September 2012 $52.50 call, which has traded 2,500 times on open interest of 113 contracts. Calls are outpacing puts today by 8 to 1. Eastman Chemical Company is a global chemical company, which manufactures and sells a portfolio of chemicals, plastics, and fibers.

27% profit every 20 days?

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