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'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 Wednesday's regular session.
- Platform Specialty Products Corp (NYSE:PAH) May 12.5 Calls Sweep: 530 @ ASK $1.00: 3488 traded vs 15k OI: Earnings 8/8 Before Open (est) $13.44 Ref
- Colgate-Palmolive Company (NYSE:CL) May 80.0 Calls Sweep: 500 @ ASK $0.14: 1077 traded vs 19k OI: Earnings 7/21 Before Open $74.46 Ref
- Mattel, Inc. (NASDAQ:MAT) Jun 2nd 22.5 Calls Sweep: 4005 @ ASK $0.397: 4006 traded vs 54 OI: Earnings 7/20 After Close (est) $22.21 Ref
- Globalstar, Inc. (NYSE:GSAT) Jun 2.5 Calls Sweep: 1688 @ ASK $0.25: 2196 traded vs 18k OI: Earnings 8/3 Before Open (est) $2.27 Ref
- Oclaro, Inc. (NASDAQ:OCLR) May 9.0 Calls Sweep: 1000 @ ASK $0.10: 2121 traded vs 14k OI: Earnings 8/1 After Close (est) $8.67 Ref
- Sinclair Broadcast Group Inc (NASDAQ:SBGI) Jun 33.0 Calls: 709 @ ASK $1.25: 1265 traded vs 27 OI: Earnings 8/2 Before Open $32.75 Ref
- Immersion Corporation (NASDAQ:IMMR) Nov17 10.0 Calls Sweep: 709 @ ASK $0.75: 709 traded vs 40 OI: Earnings 8/3 After Close (est) $8.17 Ref
- Northern Dynasty Minerals Ltd (NYSE:NAK) May 2.0 Calls Sweep: 500 @ ASK $0.052: 552 traded vs 19k OI: Earnings 8/10 Unspecified (est) $1.89 Ref
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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