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.
On CNBC's Fast Money Halftime Report, Jon Najarian said he noticed unusually high bullish options activity in Alibaba Group Holding Ltd (NYSE: BABA). Over 10,000 contracts of the February 95 calls were traded and buyers paid around $1.50 for these options. The trade breaks even at $96.50 or 10.45 percent higher. Jon Najarian owns calls in Alibaba and he is planning to hold them for a month.
Pete Najarian noticed bullish options activity in Walgreens Boots Alliance Inc (NASDAQ: WBA). He explained that traders were aggressively buying the April 85 calls and around 3,600 contracts were traded at $4 in the first half of the trading session. The trade breaks even at $89 or 6.47 percent above current market price. Pete Najarian hasn't yet bought calls in Walgreens, but he is planning to buy them.
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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