Fast Money Picks For April 21


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.


CNBC Fast Money's Steve Grasso recommended on the show a long position in

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Potash Corp./Saskatchewan (USA) (NYSE: POT). He thinks that it is setting up nicely for a move higher. Pete Najarian believes that Under Armour Inc (NYSE: UA) is going higher. He owns call options in the name. Dan Nathan likes Macy's, Inc. (NYSE: M). He is long a May call spread.Guy Adami is a buyer of Facebook Inc (NASDAQ: FB).

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.


Posted In: CNBCMediaConsumer DiscretionaryDan NathanDepartment StoresGuy AdamiPete NajarianSteve Grasso