Fast Money Picks For February 3


27% profits every 20 days?

This is what Nic Chahine averages with his options 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 he wants to close his short position in iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM) at $29.

Steve Grasso thinks that there is more downside in Energy Select Sector SPDR (ETF) (NYSE: XLE).

Pete Najarian likes GWG Holdings Inc (NASDAQ: GWGH).

Guy Adami wants to buy U.S. Bancorp (NYSE: USB).


27% profits every 20 days?

This is what Nic Chahine averages with his options 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: CNBCFast MoneyMediaTrading IdeasGuy AdamiPete NajarianSteve GrassoTim Seymour