CNBC's Stock Pops & Drops From October 16


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.


Karen Finerman spoke on CNBC's Stock Pops & Drops about a 6.65 percent spike in United Rentals, Inc. (NYSE: URI). She explained that the stock traded higher on a very good earnings report. Finerman added that United Rentals, Inc.'s business is still good and that the company has good margins. Jon Najarian said that Chesapeake Energy Corporation (NYSE: CHK) surged 16.99 percent on the announcement that it has sold its Utica shale assets for $5.4 billion. The stock also got some upgrades. Steve Grasso said that he wouldn't buy Mattel, Inc. (NASDAQ: MAT) after it dropped 3.01 percent on Thursday. The stock has had a rough time and it has already lost 38 percent year to date. Grasso explained that the company is trying to switch to digital and it is having a tough time doing it. Brian Kelly explained that eBay Inc (NASDAQ: EBAY) fell 4.70 percent after posting earnings results. He thinks that by spinning off Pay Pal, the company is losing growth and he doesn't want to touch this stock.

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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Posted In: CNBCMediaBrian KellyConsumer DiscretionaryJon NajarianKaren FinermanLeisure ProductsSteve Grasso