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.
Speaking on CNBC's Fast Money, Pete Najarian said that there was an unusually high call options activity in Citigroup (NYSE: C).
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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Traders were buying the October 55 call options because they believe that the stock is finally going to catch up with the rest of the market, and if it does, things are going to get pretty interesting, said Najarian. He owns the call options in Citigroup.
Jon Najarian talked about options activity in Cheniere Energy (NYSE: LNG). He said that the stock is trading approximately $1 higher Tuesday, close to $78 and investors are rolling their 78 strike call options to 80 strike calls. Najarian has a long position in Cheniere and he thinks that the stock is going to trade over $80 in a month.