Fast Money Picks For February 4


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.


CNBC Fast Money's Tim Seymour said on the show that Mobile TeleSystems OJSC (ADR) (NYSE: MBT) had a good run, but he decided to reduce his position and take some profits. Pete Najarian thinks that oil has stabilized, but he is not so sure that it will continue trading higher. He would buy American Airlines Group Inc (NASDAQ: AAL) on the dip. Brian Kelly is bullish on Control4 Corp (NASDAQ: CTRL). He warned traders to be careful, because it is a small cap stock. Kelly owns call options in the name. Steve Grasso is still long Twitter Inc (NYSE: TWTR). He said that the sentiment is so bad that he has to own the 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.


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!

Posted In: CNBCMediaBrian KellyPete NajarianSteve GrassoTelecommunication ServicesTim SeymourWireless Telecommunication Services