Fast Money Picks For April 16

by Benzinga Staff
April 16, 2015 6:58 AM | 25 seconds read | Make a Comment

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.

On CNBC's Fast Money Final Trade, Tim Seymour shared with his followers that he sold his position in iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: FXI). He wants to buy back at $48. Steve Grasso started a long position in Peabody Energy Corporation (NYSE: BTU).Dan Nathan is considering a long position in GoPro Inc (NASDAQ: GPRO) into the earnings, but he doesn't want to be long on the day of the event. Guy Adami likes Investment Technology Group (NYSE: ITG).

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: CNBCMediaDan NathanGuy AdamiSteve GrassoTim Seymour

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