Fast Money Picks For February 29


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, Steve Grasso recommended a long position in

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Altria Group Inc (NYSE: MO). David Seaburg wants to sell and take profits in Nike Inc (NYSE: NKE).Dan Nathan thinks that iShares Russell 2000 Index (ETF) (NYSE: IWM) is too expensive and he wants to sell it. Guy Adami is a buyer of Macy's, Inc. (NYSE: M).

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: CNBCMediaConsumer DiscretionaryDan NathanDavid SeaburgDepartment StoresGuy AdamiSteve Grasso