Watch These Huge Put Purchases In Monday Trade


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. 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 Friday’s regular session.

  • Gas Natural Inc (NYSE: EGAS) Feb17 12.5 Puts Sweep: 510 @ ASK $0.45: 510 traded vs 17 OI: Earnings 11/9 Unspecified (unconf) $12.40 Ref
  • Twenty-First Century Fox Inc (NASDAQ: FOXA) Jan $25 Put; 15000 @Bid @$0.96; Ref=$25.47

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: OptionsMarketsTrading IdeasHuge Put Purchases