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.
Jon Najarian spoke on CNBC's Fast Money Halftime Report about bullish options activity in Hospitality Properties Trust (NASDAQ: HPT). He noticed that a trader rolled an existing long position and that is interesting for Najarian because the trader has made money on long calls position.
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Traders were buying call options in Hospitality Properties Trust in September and they have tripled their money. On Wednesday, they were buying the March 31 calls and Najarian decided to follow the trade. He is planning to hold the position for at least a month.
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.