Fast Money Picks For December 1


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 investors should hold a long position in Alibaba Group Holding Ltd (NYSE: BABA). He thinks that it is a great company with decent fundamentals and a good growth.Dan Nathan would sell iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM). He thinks that it is going to $32.Steve Grasso believes that Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) is a buy. He would place a stop loss at $163.Guy Adami is a buyer of Newmont Mining Corp (NYSE: NEM), which gained 5.92 percent on Monday. Adami thinks that something is going on in the gold mining space.

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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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasDan NathanGuy AdamiSteve GrassoTim Seymour