27% profits every 20 days?
This is what Nic Chahine averages with his options 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 said on CNBC's Fast Money Halftime Report he noticed unusually high call options activity in Cerner Corporation (NASDAQ:CERN).
Over 5,000 contracts of the March 52.50 calls were bought in the first half of the session on Tuesday, explained Najarian. He finds this volume significant because it's much higher than the size of the open interest at the moment of purchase. The open interest was around 1,000 contracts before the purchase. He decided to follow the trade and he's planning to hold his long position in Cerner for two to three weeks.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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