Fast Money Picks For August 30th (XLE, CSCO, CKP) - Cisco Systems (NASDAQ:CSCO)

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.

On CNBC's Fast Money, Joe Terranova said that investors should buy energy names on Monday. Energy Select Sector SPDR (ETF) (NYSE: XLE) is an ETF that will get you exposure to the energy sector.Zach Karabell thinks that it would be a good idea to buy Cisco Systems, Inc. (NASDAQ: CSCO) on Monday. He believes that this stock could easily gain 20%. Cisco Systems, Inc. (CSCO) added 0.53% on Friday.Jon Najarian believes that Checkpoint Systems, Inc. (NYSE: CKP) is a buy. He is encouraged by the large volume of out of the money calls. Checkpoint Systems, Inc. (CKP) jumped 2.37% today.

27% profit every 20 days?

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