Watch These 3 Huge Put Purchases In Friday 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 Thursday’s regular session.

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  • Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) Fri 12/9 17.5 Puts (Wkly) Sweep: 781 @ Above Ask! $0.504: 1471 traded vs 7 OI: Earnings 2/16 Before Open (est) $17.50 Ref
  • Mobileye NV (NYSE: MBLY) Jan17 35.0 Puts Sweep: 1109 @ ASK $1.40: 1377 traded vs 8822 OI: Earnings 2/23 Before Open (est) $36.46 Ref
  • Northern Trust Corporation (NASDAQ: NTRS) Dec16 85.0 Puts: 1253 @ ASK $0.35: 1565 traded vs 60 OI: Earnings 1/18 Before Open (est) $88.75 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: OptionsMarketsTrading IdeasHuge Put Purchases