Notable Options Activity in Genworth Financial Inc


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 Genworth Financial Inc. (GNW) are higher on the session by 4.09%, currently trading at $6.11Option volatilities are lower with April21st -21.8 points, May -11.2 points, and June -5.4 points. The strike seeing the heaviest action is the April 2012 $6.00 call, which has traded 900 times on open interest of 1,300 contracts.

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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Posted In: OptionsMarketsTrading Ideas