27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Wednesday’s regular session.
- MeetMe Inc (NASDAQ: MEET) Oct16 5.0 Puts Sweep: 1224 @ ASK $0.35: 1424 traded vs 235 OI: Earnings 11/1 $5.54 Ref
- salesforce.com, inc. (NYSE: CRM) Sep16 73.0 Puts: 4940 @ ASK $0.28: 5060 traded vs 838 OI: $74.00 Ref
- Cognizant Technology Solutions Corp (NASDAQ: CTSH) Sep16 55.5 Puts Sweep: 801 @ ASK $1.10: 801 traded vs 107 OI: Earnings 11/2 $54.59 Ref
- Sanofi SA (ADR) (NYSE: SNY) Oct16 38.0 Puts: 3500 @ ASK $0.75: 3500 traded vs 172 OI: Earnings 11/3 $39.19 Ref
- istar Inc (NYSE: STAR) Jan17 9.0 Puts: 1360 @ Above Ask! $0.35: 1700 traded vs 668 OI: $10.46 Ref
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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