June 5, 2017 4:25 AM | 1 min read |
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 Friday's regular session.
Inphi Corporation (NYSE:IPHI) Oct 40.0 Puts: 1500 @ ASK $4.90: 1500 traded vs 117 OI: Earnings 8/7 After Close (est) $39.22 Ref
Mallinckrodt PLC (NYSE:MNK) Jun 42.0 Puts Sweep: 656 @ ASK $1.298: 856 traded vs 4 OI: Earnings 8/8 Before Open (est) $42.87 Ref
Cimpress NV (NASDAQ:CMPR) Jul 90.0 Puts: 750 @ ASK $2.60: 750 traded vs 161 OI: Earnings 7/26 After Close (est) $91.47 Ref
Navistar International Corp (NYSE:NAV) Jun 23rd 25.5 Puts Sweep: 512 @ ASK $1.00: 512 traded vs 0 OI: Earnings 6/7 Before Open $26.35 Ref
Hornbeck Offshore Services, Inc. (NYSE:HOS) Jun 2.0 Puts Sweep: 503 @ ASK $0.55: 503 traded vs 41 OI: Earnings 8/2 After Close (est) $1.54 Ref
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.
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