Watch These 5 Huge Put Purchases In Thursday 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 Wednesday’s regular session.

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  • Chicago Bridge & Iron Company N.V. (NYSE: CBI) Dec 30th 32.5 Puts Sweep: 834 @ ASK $0.548: 834 traded vs 15 OI: Earnings 2/23 Before Open (est) $32.45 Ref
  • Sprint Corp (NYSE: S) May 9.0 Puts Sweep: 644 @ ASK $1.289: 645 traded vs 121 OI: Earnings 1/24 Before Open (est) $8.70 Ref
  • GoPro Inc (NASDAQ: GPRO) Jan 6.0 Puts Sweep: 1299 @ ASK $0.04: 1354 traded vs 32k OI: Earnings 2/2 After Close (est) $8.90 Ref
  • Newell Brands Inc (NYSE: NWL) Feb 39.0 Puts Sweep: 600 @ ASK $0.35: 600 traded vs 33 OI: Earnings 1/27 Before Open (est) $45.43 Ref
  • Panera Bread Co (NASDAQ: PNRA) Jan 200 Puts Sweep: 771 @ ASK $1.723: 822 traded vs 1583 OI: Earnings 2/7 After Close (est) $208.81 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