Fast Money Picks For October 10 - PepsiCo (NASDAQ:PEP)

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 Final Trade, Tim Seymour recommended a short position in

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Tesoro Corporation (NYSE: TSO). Seymour said that he opened that position in the morning session and he believes that the trade will work on Friday too, because the stock is going to $60. Tesoro Corporation dropped 4.06 percent on Thursday and it closed at $61.95. Brian Kelly suggested a long position in

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iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE: TLT) as a protection.

iShares Barclays 20+ Yr Treas.Bond fell 0.44 percent on Thursday.Dan Nathan thinks that it would be a good idea to take profits in PepsiCo, Inc. (NYSE: PEP). He owns put options in the name. PepsiCo, Inc. fell 0.39 percent and it closed at $93.57.Guy Adami is a buyer of Symantec Corporation (NASDAQ: SYMC) on the announcement of a split in two companies. The stock dropped 2.37 percent and closed the session at 23.44.