Fast Money Picks For March 8


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.


Tim Seymour revealed on CNBC's "Fast Money Final Trade"

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that he is bullish on Viacom, Inc. (NASDAQ:VIAB).

Karen Finerman said she wants to stay long, but she is afraid so she is holding puts in SPDR S&P 500 ETF Trust (NYSE:SPY), although they decay in value every day.

Dan Nathan is a seller of Health Care SPDR (ETF) (NYSE:XLV).

Guy Adami thinks Johnson & Johnson (NYSE:JNJ) is a Buy.


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.


Posted In: CNBCLong IdeasShort IdeasOptionsMarketsMediaTrading IdeasDan NathanGuy AdamiKaren FinermanTim Seymour