Dan Nathan's Bullish Options Strategy In Facebook

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 Options Action

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Dan Nathan suggested that investors should consider a bullish options strategy in Facebook Inc (NASDAQ: FB). He thinks that the stock might fill the gap that happened after the earnings report.Nathan wants to buy the December 75 call option for $2.40 and sell the December 82.5 call option for $0.40. He would pay $2 for the call spread, which is his maximal risk, and his maximal profit is $5.5. He is selling the call option at

Facebook's previous high and Mike Khouw commented that the chances are that he won't regret selling it.Facebook gained 0.85 percent and closed at $74.88 on Friday.