On CNBC's Fast Money Final Trade, Pete Najarian recommended a long position in Marvell Technology Group Ltd. (NASDAQ:MRVL). He noticed unusually high options activity in the name and he wants to buy it. Marvell Technology spiked 5.17 percent on Wednesday.
Steve Grasso is watching QUALCOMM, Inc. (NASDAQ:QCOM). He thinks it's safe to buy the stock if it holds above $53.77 on Thursday. QUALCOMM gained 3.45 percent in the regular session on Wednesday, but it dropped 3 percent in after-hours trading.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Tim Seymour wants to buy General Motors Company (NYSE:GM) on Thursday.
Dan Nathan thinks that it would be a good idea to sell Financial Select Sector SPDR Fund (NYSE:XLF).
Guy Adami is a buyer of Boeing Co (NYSE:BA).
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.