Fast Money Picks For May 4


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 Fast Money Final Trade, Tim Seymour said that big companies in the iron ore space are going to stop overproducing. He wants to start buying

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!

Cliffs Natural Resources Inc (NYSE: CLF). Steve Grasso thinks that higher interest rates are good for Bank of America Corp (NYSE: BAC). He is a buyer of the stock.Brian Kelly is a seller of Utilities SPDR (ETF) (NYSE: XLU) because higher interest rates are going to hurt the space. Guy Adami likes Metlife Inc (NYSE: MET). He explained that $52 is a break out level.

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: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour