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 Thursday, May 4, 2017. All time stamps are in Eastern Time.
3:56:02 pm: TMUS T-Mobile May 68.0 Calls: 1250 @ ASK $0.75: 4299 traded vs 10k OI: Earnings 7/27 After Close [est] $65.42 Ref
3:28:33 pm: NXTM NXStage Medcal Sep 25.0 Calls Sweep: 500 @ ASK $4.40: 1500 traded vs 2010 OI: Earnings 5/9 Before Open $27.22 Ref
1:49:18 pm: ARNC Arconic Jun 28.0 Calls Sweep: 544 @ ASK $0.62: 561 traded vs 355 OI: Earnings 7/25 After Close $26.52 Ref
12:08:35 pm: M Macys May 12th 28.0 Puts Sweep: 587 @ ASK $0.57: 611 traded vs 200 OI: Earnings 5/11 Before Open $29.15 Ref
11:52:01 am: VRX Valeant May 9.0 Puts: 2000 @ ASK $0.33: 2117 traded vs 26k OI: Earnings 5/9 Before Open $10.04 Ref
11:48:31 am: STWD Starwood Prop Tr May 20.0 Puts Sweep: 500 @ ASK $0.05: 500 traded vs 1 OI: Earnings 5/9 Before Open $22.24 Ref
11:43:43 am: BMY Bristol Myers Sq; Jun $50 Put; 3850 @Bid @$0.17; Ref=$55.52
11:40:52 am: FOXA Fox Jul 30.0 Calls: 3356 @ ASK $1.00: 5215 traded vs 1846 OI: Earnings 5/10 After Close $28.92 Ref
11:23:13 am: LC Lending Club May 6.0 Calls Sweep: 1000 @ ASK $0.352: 1319 traded vs 4008 OI: Earnings today After Close $6.04 Ref
11:09:19 am: GIS General Mills May 65.0 Calls: 792 @ ASK $0.20: 2960 traded vs 1696 OI: Earnings 6/29 Before Open [est] $58.32 Ref
11:05:10 am: TWTR Twitter Jun 17.0 Calls: 3541 @ ASK $2.08: 4635 traded vs 22k OI: Earnings 7/26 Before Open [est] $18.74 Ref
10:59:32 am: ILG ILG May 24.0 Calls Sweep: 657 @ ASK $0.95: 778 traded vs 938 OI: Earnings today After Close $24.37 Ref
10:56:41 am: ETSY ETSY Sep 15.0 Calls Sweep: 839 @ ASK $0.25: 839 traded vs 838 OI: Earnings 8/1 After Close [est] $10.49 Re
10:47:09 am: COTY COTY Nov $16 Puts; 8000 at the bid @ 0.77; Ref=$18.45
10:37:11 am: IMAX IMAX May 29.0 Puts: 688 @ ASK $0.35: 2012 traded vs 88 OI: Earnings 7/19 Before Open [est] $30.07 Ref
10:31:07 am: GIS General Mills May 60.0 Calls Sweep: 500 @ ASK $0.48: 2770 traded vs 1900 OI: Earnings 6/29 Before Open [est] $58.00 Ref
10:25:07 am: BBY Best Buy May 52.0 Puts Sweep: 500 @ ASK $1.513: 523 traded vs 103 OI: Earnings 5/25 Before Open $51.14 Ref
10:18:53 am: SNAP SNAP May 26th 27.5 Calls Sweep: 7929 @ ASK $0.45: 7929 traded vs 2 OI: Earnings 5/10 After Close $23.00 Ref
10:14:37 am: ZAYO ZAYO Jun 40.0 Calls Sweep: 1000 @ ASK $0.20: 1000 traded vs 8402 OI: Earnings 5/9 After Close $34.02 Ref
10:11:28 am: P Pandora Jun 15.0 Calls: 7500 @ ASK $0.08: 7500 traded vs 13k OI: Earnings 5/8 After Close $10.75 Ref
9:56:20 am: SHAK Shake Shack Fri $34 Puts at the bid: 2000 @ 1.75 vs 47 OI; Ref=$33.43
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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.
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