Fast Money Traders Share How Would They Trade The Weakness In Commodity 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.


Pete Najarian said on CNBC's Fast Money that he expects to see a dividend cut in Enbridge Energy Partners, L.P.

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(NYSE: EEP). He believes that it will trade like Kinder Morgan Inc (NYSE: KMI), after a big move lower there is going to be a bounce higher.Steve Grasso believes that Plains All American Pipeline, L.P. (NYSE: PAA) won't be able to maintain its dividend at a current level of 12 percent, because of a slow growth and there won't be a lot of producers that are going to use the company's pipelines.Guy Adami thinks that United States Steel Corporation (NYSE: X) is in a troubled industry. It has a dividend of only 2.5 percent, but it might cut it and the move might be interpreted as a good sign by the market, added Adami.

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: CNBCFast MoneyCommoditiesMarketsMediaGuy AdamiPete NajarianSteve Grasso