Carter Worth And Mike Khouw's The Coca-Cola Co Trade


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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," Carter Worth analyzed The Coca-Cola Co (NYSE: KO) from a technical standpoint.

He said that it has shown a lot of relative strength in the last six months. The stock outperformed Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) in that period after a long stint of lagging behind its peers. While both the S&P 500 and the Consumer Staples ETF recorded negative returns in the last six months, The Coca-Cola Co gained 2.8 percent.

Worth believes that the recent good performance could lead to a breakout above its 52-week highs. He added that regardless what the market does, he would rather be in The Coca-Cola Co than almost anywhere else.

Mike Khouw thinks that The Coca-Cola Co is a relatively safe stock and he believes that the company is going to increase its dividend soon. He suggested that the best way to make a bullish bet is by purchasing the April 43 call for $1.15. The break even for the trade is at $44.15 or 2.5 percent higher from the current stock price.

Image Credit: Public Domain

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: CNBCShort IdeasOptionsMarketsMediaTrading IdeasCarter WorthMike KhouwOptions ActionS&P 500