Shares of New York Community Bancorp (NYSE: NYB) are higher on the session by 0.34%, currently trading at $17.63. The stock has been moving largely lower over the past three months and is currently consolidating between the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the July 2011 $18.00 call was purchased 1,900 times, on the offer, on open interest of 8,829 contracts.
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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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.
Overall call volume is now running at 3.61x the daily average with 100% of all calls traded being purchases on the offer.
New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City.