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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- Community Health Systems (NYSE: CYH) Jan 6.0 Puts Sweep: 500 @ ASK $0.30: 1687 traded vs 438 OI: Earnings 2/13 Unspecified (est) $6.23 Ref
- Hertz Global Holdings, Inc (NYSE: HTZ) Apr 17.5 Puts Sweep: 822 @ ASK $1.05: 2076 traded vs 1149 OI: Earnings 3/6 After Close (est) $23.83 Ref
- Ares Capital Corporation (NASDAQ: ARCC) Jun $16 Put; 5000 @Bid @$0.50
- Sears Holdings Corp (NASDAQ: SHLD) Mar $4 Put; 5800 @Bid @$0.28; Ref=$9.98
- Rite Aid Corporation (NYSE: RAD) Mar 6 Put; 13,146@Bid @$0.30
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.