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 Wednesday’s regular session.
- Fred's, Inc. (NASDAQ: FRED) Dec16 10.0 Puts Sweep: 6000 @ ASK $0.398: 6034 traded vs 60 OI: Earnings tmrrw After Close $10.80 Ref
- Swift Transportation Co (NYSE: SWFT) Dec16 26.0 Puts Sweep: 584 @ ASK $0.35: 1021 traded vs 35 OI: Earnings 1/23 After Close (est) $26.82 Ref
- BorgWarner Inc. (NYSE: BWA) Dec16 40.0 Puts Sweep: 1000 @ ASK $0.55: 1078 traded vs 0 OI: Earnings 2/9 Before Open (est) $40.96 Ref
- Best Buy Co Inc (NYSE: BBY) Fri 1/13 47.0 Puts (Wkly) Sweep: 2084 @ ASK $1.59: 2084 traded vs 414 OI: Earnings 2/23 Before Open (est) $47.67 Ref
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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