Fast Money Star Wars VII Trades


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, traders discussed what to buy ahead of the Star Wars VII release. David Seaburg is a buyer of

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Walt Disney Co (NYSE: DIS). He thinks that the momentum in the stock is going to continue, but he advised traders to be careful because the success of the new Star Wars episode is already priced in. He believes that Walt Disney Co can reach $140 - $145 price level and then he expects to see a selling pressure. Steve Grasso has a long position in

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Walt Disney Co and he thinks that it has a 20 percent upside potential. Grasso is also long Electronic Arts Inc. (NASDAQ: EA), because of its Star Wars Battlefront video game. Guy Adami would take profits in Walt Disney Co at $122 because ESPN and cable are not doing well. Brian Kelly believes that Hasbro, Inc. (NASDAQ: HAS) should profit on the Star Wars VII release.

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 KellyDavid SeaburgGuy AdamiSteve Grasso