Benzinga's Option Alert Recap From January 24


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 Pro provides its subscribers with real-time alerts of potentially market-moving options activity.

Here's a recap of the options alerts from Tuesday, January 24, 2017. All time stamps are in Eastern Time.

  • 5:57:42pm GNC Holdings Inc (NYSE:GNC) Jan19 5.0 Puts: 4185 @ ASK $1.50: 4185 traded vs 302 OI: Earnings 2/9 Before Open (est) $9.09 Ref
  • 5:56:15pm Gap Inc (NYSE:GPS) Jun 20.0 Puts Sweep: 1168 @ ASK $0.85: 1350 traded vs 267 OI: Earnings 2/23 After Close $24.17 Ref
  • 5:44:10pm Globalstar, Inc. (NYSEMKT:GSAT) Feb 1.5 Calls Sweep: 500 @ ASK $0.20: 14k traded vs 12k OI: Earnings 2/23 After Close (est) $1.44 Ref
  • 5:18:53pm Yelp Inc (NYSE:YELP) Feb 46.0 Calls Sweep: 5014 @ ASK $1.20: 5019 traded vs 168 OI: Earnings 2/8 Before Open (est) $42.31
  • 4:45:28pm TransCanada Corporation (USA) (NYSE:TRP) Trans Canada Mar $50 Call; 4785 @Bid @$0.70; Ref = $48.66
  • 4:32:01pm Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) Jan 27th 33.0 Puts: 1600 @ Above Ask! $0.75: 3004 traded vs 1863 OI: Earnings 2/13 Before Open $32.58 Ref
  • 4:24:31pm Dynavax Technologies Corporation (NASDAQ:DVAX) Tech Jul 6.0 Calls Sweep: 847 @ ASK $0.85: 946 traded vs 7049 OI: Earnings 3/8 Before Open (est) $4.05 Ref
  • 4:20:03pm Western Digital Corp (NASDAQ:WDC) Feb 24th 76.0 Calls Sweep: 998 @ ASK $3.744: 1102 traded vs 3 OI: Earnings tmrrw After Close $76.39 Ref
  • 4:15:59pm Paycom Software Inc (NYSE:PAYC) Feb 50.0 Puts Sweep: 784 @ ASK $2.393: 852 traded vs 502 OI: Earnings 2/7 After Close (est) $50.68 Ref
  • 4:15:14pm Qorvo Inc (NASDAQ:QRVO) Mar 62.5 Calls Sweep: 612 @ ASK $4.30: 680 traded vs 1 OI: Earnings 2/1 After Close $62.41 Ref
  • 3:44:43pm RPC, Inc. (NYSE:RES) Mar 20.0 Puts: 1150 @ ASK $0.70: 2345 traded vs 27 OI: Earnings tmrrw Before Open $21.50 Ref
  • 3:44:00pm West Corp (NASDAQ:WSTC) Feb 25.0 Calls: 500 @ ASK $0.60: 508 traded vs 186 OI: Earnings 2/1 After Close $24.75 Ref
  • 3:41:06pm Cameco Corp (USA) (NYSE:CCJ) Feb 11.0 Puts Sweep: 2500 @ ASK $0.15: 2540 traded vs 706 OI: Earnings 2/9 After Close $12.88 Ref
  • 3:39:50pm Infinera Corp. (NASDAQ:INFN) Feb 10th 9.0 Puts: 500 @ ASK $0.80: 500 traded vs 0 OI: Earnings 2/9 After Close $8.76 Ref
  • 3:32:43pm STMicroelectronics NV (ADR) (NYSE:STM) Feb 12.5 Calls Sweep: 758 @ ASK $0.45: 1030 traded vs 1293 OI: Earnings 1/26 Before Open $11.96 Ref
  • 3:32:08pm Cognizant Technology Solutions Corp (NASDAQ:CTSH) Tech Sol Feb 60.0 Calls Sweep: 2000 @ ASK $0.65: 2010 traded vs 1658 OI: Earnings 2/6 Before Open (est) $56.53 Ref
  • 2:58:28pm Prudential Financial Inc (NYSE:PRU) Jun 110 Calls Sweep: 613 @ ASK $4.50: 628 traded vs 771 OI: Earnings 2/8 After Close $105.99 Ref
  • 2:31:16pm Teradyne, Inc. (NYSE:TER) Apr 27.0 Calls: 4582 @ ASK $1.20: 5002 traded vs 1299 OI: Earnings tmrrw After Close $26.32 Ref
  • 2:28:14pm Trinity Industries Inc (NYSE:TRN) Apr 30.0 Calls: 781 @ ASK $1.40: 3164 traded vs 4956 OI: Earnings 2/16 After Close (est) $28.36 Ref
  • 2:15:55pm Discovery Communications Inc. (NASDAQ:DISCA) Apr 32.5 Calls Sweep: 973 @ ASK $0.45: 1001 traded vs 137 OI: Earnings 2/14 Before Open $28.38 Ref
  • 2:09:22pm Starbucks Corporation (NASDAQ:SBUX) Jan 27th 56.0 Puts Sweep: 855 @ ASK $0.33: 1536 traded vs 883 OI: Earnings 1/26 After Close $57.82 Ref
  • 2:02:26pm Extended Stay America Inc (NYSE:STAY) Stay Feb $15 Put; 2000 @Bid @$0.05; Ref=$16.22
  • 1:54:10pm Callaway Golf Co (NYSE:ELY) Golf Feb 12.0 Calls Sweep: 1230 @ ASK $0.30: 1230 traded vs 164 OI: Earnings 2/2 After Close $11.49 Ref
  • 1:53:23pm Northern Dynasty Minerals Ltd (NYSEMKT:NAK) Feb 4.0 Calls Sweep: 550 @ ASK $0.20: 875 traded vs 320 OI: Earnings 2/13 Unspecified (est) $3.22 Ref
  • 1:38:34pm Fitbit Inc (NYSE:FIT) Jan 27th 7.5 Calls Sweep: 600 @ ASK $0.06: 3145 traded vs 1994 OI: Earnings 2/22 After Close (est) $7.20 Ref
  • 1:35:19pm Gogo Inc (NASDAQ:GOGO) May 10.0 Calls Sweep: 590 @ ASK $0.80: 608 traded vs 12k OI: Earnings 2/23 Before Open (est) $8.67 Ref
  • 1:34:46pm AK Steel Holding Corporation (NYSE:AKS) Jan 27 $9.5 Put; 2958 @$0.33; Ref =$9.39
  • 1:28:57pm Walt Disney Co (NYSE:DIS) Mar 115 Calls: 9856 @ ASK $0.48: 10k traded vs 3451 OI: Earnings 2/7 After Close $107.37 Ref
  • 1:25:06pm Horizon Pharma PLC (NASDAQ:HZNP) Mar 17.0 Calls: 2000 @ ASK $1.30: 2010 traded vs 2012 OI: Earnings 2/27 Before Open (est) $16.42 Ref
  • 1:19:10pm Exelixis, Inc. (NASDAQ:EXEL) Mar 22.0 Calls Sweep: 1500 @ ASK $0.90: 1510 traded vs 19 OI: Earnings 2/28 After Close (est) $18.04 Ref
  • 1:18:16pm Sinclair Broadcast Group Inc (NASDAQ:SBGI) Mar 35.0 Calls: 2000 @ Above Ask! $0.65: 5000 traded vs 249 OI: Earnings 2/22 Before Open $31.65 Ref
  • 1:16:47pm Thor Industries, Inc. (NYSE:THO) Mar 100 Calls: 1200 @ ASK $4.50: 1652 traded vs 149 OI: Earnings 3/6 After Close (est) $99.23 Ref
  • 1:04:24pm Carnival Corp (NYSE:CCL) Apr 57.5 Calls Sweep: 500 @ ASK $1.10: 582 traded vs 15k OI: Earnings 3/29 Before Open (est) $54.19 Ref
  • 12:49:18pm Gilead Sciences, Inc. (NASDAQ:GILD) May 70.0 Calls Sweep: 2173 @ ASK $3.953: 12k traded vs 1798 OI: Earnings 2/7 After Close $70.12 Ref
  • 12:46:05pm CarMax, Inc (NYSE:KMX) Mar 70.0 Calls: 1700 @ ASK $2.20: 1796 traded vs 1 OI: Earnings 4/6 Before Open $68.49 Ref
  • 12:45:16pm QUALCOMM, Inc. (NASDAQ:QCOM) Jan 27th 55.5 Calls Sweep: 1147 @ ASK $1.57: 1586 traded vs 850 OI: Earnings tmrrw After Close $55.48 Ref
  • 12:39:19pm Gap Inc (NYSE:GPS) Feb 24.0 Puts: 2500 @ ASK $0.89: 2524 traded vs 703 OI: Earnings 2/23 After Close $24.03 Ref
  • 12:36:18pm Globalstar, Inc. (NYSEMKT:GSAT) Feb 1.5 Calls: 500 @ ASK $0.15: 1110 traded vs 12k OI: Earnings 2/23 After Close (est) $1.39 Ref
  • 12:16:48pm Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) Feb 34.0 Calls Sweep: 1000 @ ASK $0.75: 1000 traded vs 847 OI: Earnings 2/13 Before Open $32.47 Ref
  • 12:13:53pm Deutsche Bank AG (USA) (NYSE:DB) Feb 20.0 Calls: 4639 @ Above Ask! $0.55: 5293 traded vs 5192 OI: Earnings 2/2 Unspecified $19.50 Ref
  • 12:08:37pm Medical Properties Trust, Inc. (NYSE:MPW) Apr 12.5 Calls Sweep: 771 @ ASK $0.75: 1534 traded vs 11k OI: Earnings 2/7 Before Open (est) $12.94 Ref
  • 12:05:54pm Nike Inc (NYSE:NKE) Jun 57.5 Calls: 1500 @ Above Ask! $0.91: 1502 traded vs 6573 OI: Earnings 3/21 After Close (est) $53.05 Ref
  • 11:49:31am Bioamber Inc (NYSE:BIOA) May 5.0 Calls Sweep: 537 @ ASK $0.55: 577 traded vs 275 OI: Earnings 3/14 After Close (est) $4.39 Ref
  • 11:48:32am Coach Inc (NYSE:COH) Feb $36 Put; 3902 @Bid @$1.05; Ref= $36.43
  • 11:42:42am First Majestic Silver Corp (NYSE:AG) Apr 10.0 Calls Sweep: 500 @ ASK $1.15: 519 traded vs 4916 OI: Earnings 2/22 Before Open $9.57 Ref
  • 11:41:16am Target Corporation (NYSE:TGT) Mar 65.0 Calls: 1000 @ ASK $1.60: 1000 traded vs 662 OI: Earnings 2/28 Before Open $63.79 Ref
  • 11:35:56am Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) Mar $5 Put; 3,000 @Bid @$0.25

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.


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