Doug Kass Shorting SPY


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.


Doug Kass, president of Seabreeze Partners, tweeted that he is shorting the S&P 500 ETF (NYSE: SPY) at $124 in pre-market.Kass is a notorious short seller and a contributor to CNBC as well.

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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Posted In: Broad U.S. Equity ETFsShort IdeasHedge FundsMovers & ShakersTrading IdeasETFsDoug KassSeabreeze Partners