CNBC's Stock Pops & Drops From August 22


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.


Guy Adami said on CNBC's Stock Pops & Drops

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that investors should be taking profits in Gilead Sciences (NASDAQ: GILD), because it moved from $80 to $103.96 in two months. The move was rather fast, thinks Guy Adami. Gilead Sciences jumped 1.65% on Friday.Tim Seymour said that Deere & Company

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(NYSE: DE) dropped 1.68% because large crop estimates are pushing commodity prices lower and farmers are pulling out. He added that the stock should be trading between $84 and $95. Deere & Company closed Friday's trading session at $84.76.Ross Stores (NASDAQ: ROST) jumped 7.39% on Friday and it closed at $74.37 and Steve Grasso believes that investors can sell the stock. He is not a long term buyer.Brian Kelly explained that Dynegy (NYSE: DYN) jumped 8.75% on the news that it bought some assets of Duke Energy (NYSE: DUK). He thinks that investors should be closing their long positions in this stock.

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.


Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour