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.
Mike Khouw spoke on CNBC's "Options Action" about a bullish options activity in Walt Disney Co (NYSE:DIS).
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He said that calls outnumbered puts 3 to 1 on Tuesday and much of that volume was a result of a big trade in July. Somebody bought the July 110/115 call spread for $0.90. The trade breaks even at $110.90 or 3.63 percent above the closing price on Tuesday. It can make a maximal profit of $4.10.
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.