Watch These 5 Huge Put Purchases In Tuesday 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.



Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Monday’s regular session.

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  • Novavax, Inc. (NASDAQ: NVAX) Aug16 5.0 Puts Sweep: 1210 @ ASK $0.40: 1255 traded vs 47 OI: Earnings 8/8 $6.45 Ref
  • Crocs, Inc. (NASDAQ: CROX) Aug16 11.0 Puts: 1942 @ ASK $1.20: 3000 traded vs 0 OI: Earnings 8/4 $10.39 Ref
  • American International Group Inc (NYSE: AIG) Feb17 30.0 Puts Sweep: 637 @ ASK $0.58: 637 traded vs 0 OI: Earnings 8/1 $49.04 Ref
  • Electronic Arts Inc. (NASDAQ: EA) Jul16 76.0 Puts Sweep: 642 @ ASK $4.30: 642 traded vs 30 OI: Earnings 8/4 $72.23 Ref
  • Micron Technology, Inc. (NASDAQ: MU) Fri 7/1 12.0 Puts (Wkly): 4634 @ ASK $0.53: 13k traded vs 6316 OI: Earnings 6/30 $12.18 Ref

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: NewsOptionsMarketsHuge Put Purchases