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.
Speaking to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan indicated that options trading on ConAgra Foods Inc (NYSE: CAG) was very limited with 146 contracts having traded by Monday morning.
Kinahan noted that the stock had traded in the same range for approximately 5 months and it seemed the market did not expect "anything special" from stock as implied volatility indicated a move of only $0.71 ahead of earnings.
ConAgra Foods Inc was scheduled to report Q3 earnings Thursday before the market open and recently traded at $34.84, up 0.61 percent.
Kevin Riley and Brianna Valleskey contributed to this report.
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.
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