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 Tuesday’s regular session.
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- Steel Dynamics, Inc. (NASDAQ: STLD) Oct16 25.0 Puts Sweep: 586 @ ASK $1.05: 750 traded vs 28 OI: $25.55 Ref
- Progressive Corp (NYSE: PGR) Sep16 32.0 Puts Sweep: 1757 @ ASK $0.35: 1817 traded vs 173 OI: $32.54 Ref
- Tractor Supply Company (NASDAQ: TSCO) Sep16 80.0 Puts: 500 @ ASK $0.30: 4034 traded vs 2313 OI: $85.01 Ref
- TD Ameritrade Holding Corp. (NASDAQ: AMTD) Sep16 30.0 Puts Sweep: 1000 @ ASK $0.30: 1540 traded vs 609 OI: $31.29 Ref
- Patterson Companies, Inc. (NASDAQ: PDCO) Sep16 46.0 Puts Sweep: 649 @ ASK $0.95: 1000 traded vs 18 OI: Earnings 8/25 Before Open $46.79 Ref
- Macy's Inc (NYSE: M) Fri 9/2 39.0 Puts (Wkly): 1500 @ ASK $0.34: 1501 traded vs 132 OI: $39.99 Ref
- Enbridge Inc (USA) (NYSE: ENB) Sep16 40.0 Puts: 9725 @ ASK $0.60: 12k traded vs 249 OI: $41.11 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.