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.
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional. These trades were placed during Monday’s regular session.
- Snap Inc (NYSE:SNAP) May 19 $21.50 Put Sweep at the Ask: Volume of ~17,800 at $0.90/Contract vs Open Interest 108
- J C Penney Company Inc (NYSE:JCP) Fri. $5 Puts at the Ask: Volume of 7,000 at $0.141/Contract vs Open Interest of 483
- BP plc (ADR) (NYSE:BP) Fri. $36 Puts at the Ask: Volume of 3,745 at $1.301/Contract vs Open Interest of 50
- Electronic Arts Inc. (NASDAQ:EA) May 19 $94 Put Sweep at the Ask: Volume of 3,080 at $1.69/Contract vs Open Interest 512
- Charles Schwab Corp (NYSE:SCHW) May 19 Weekly $39.50 Puts at the Ask: Volume of 2,000 at $0.55/Contract vs Open Interest 28
- Diageo plc (ADR) (NYSE:DEO) Jan. '19 $115 Puts at the Ask: Volume of 2,000 at $4/Contract vs Open Interest 194
- Ionis Pharmaceuticals Inc (NASDAQ:IONS) May 12 Weekly $47 Puts at the Ask: Volume of 1,450 at $2.65/Contr
- act vs Open Interest of 1
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.
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!