Jon Najarian Sees Unusual Options Activity In First Solar


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.


On CNBC's "Fast Money Halftime Report,"

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Jon Najarian said he noticed bullish options activity in First Solar, Inc. (NASDAQ: FSLR). Traders were buying the December 24 and the December 25 calls that expire in a week.

Najarian added that the premium went up 100 percent, and he decided to follow the trade. As First Solar moves higher, he is planning to sell calls against the long-call position and make it a call spread.


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: CNBCCommoditiesOptionsMarketsMediaTrading IdeasFast Money Halftime ReportJon Najarian