Fast Money Picks For December 16


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.


Tim Seymour revealed on CNBC's Fast Money Final Trade

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that he bought Blackstone Group LP (NYSE: BX) on Tuesday.Dan Nathan recommended a long position in Utilities SPDR (ETF)

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(NYSE: XLU) as a defensive position.Karen Finerman is a buyer of Apple Inc. (NASDAQ: AAPL).Guy Adami said that Goldman Sachs Group Inc (NYSE: GS) added Visa Inc (NYSE: V) to its Conviction Buy list. He believes that the stock is going higher and he wants to buy it.

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: CNBCLong IdeasFast MoneyMediaTrading IdeasDan NathanGuy AdamiKaren FinermanTim Seymour