September 11, 2014 9:24 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 that
United States Steel Corporation (NYSE: X) has more room on the upside, despite the 4.74 percent increase in price it had on Thursday.
BlackBerry Ltd (NASDAQ: BBRY) jumped 4.92 percent on the news that it is acquiring a mobile technology startup. Brian Kelly said that this would allow users to have two phone numbers on the same phone. He has a long position in the stock.
Pandora Media Inc (NYSE: P) gained 3.22 percent and Pete Najarian thinks that a licensing deal with music rights management firm BMG is huge for the company. He added that it is hard to value this company because there is no P/E and traders who want to take a long position in the stock should use options to do so.Tim Seymour said that $17.50 is a tough level for
Alcoa Inc (NYSE: AA) and traders should not buy it on Friday.
Alcoa fell 1.74% on Thursday, despite the news that it signed a contract with
The Boeing Company (NYSE: BA).
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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