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 Pro provides its subscribers with real-time alerts of potentially market-moving options activity.
Here's a recap of the options alerts from Wednesday, June 14, 2017. All timestamps are in Eastern Time.
3:37:15 pm: QCP Quality Care Prop Aug 20.0 Calls: 3256 @ ASK $1.00: 5600 traded vs 118 OI: Earnings 8/11 Before Open (est) $17.87 Ref
3:25:01 pm: QCP Quality Care Prop Aug 20.0 Calls Sweep: 627 @ ASK $0.90: 2344 traded vs 118 OI: Earnings 8/11 Before Open (est) $17.76 Ref
2:20:23 pm: OCLR Oclaro Jul 12.0 Calls Sweep: 500 @ ASK $0.25: 1540 traded vs 5559 OI: Earnings 8/1 After Close (est) $9.75 Ref
2:16:32 pm: SEAS Seaworld Sep 17.0 Puts Sweep: 2000 @ ASK $1.25: 2169 traded vs 19k OI: Earnings 8/3 Before Open (est) $16.84 Ref
1:56:04 pm: CAT Caterpillar Jun 104 Puts Sweep: 2030 @ ASK $0.40: 3773 traded vs 1518 OI: Earnings 7/25 Before Open (est) $104.82 Ref
1:40:25 pm: SEAS Seaworld Jun 16.0 Calls Sweep: 840 @ ASK $0.45: 843 traded vs 228 OI: Earnings 8/3 Before Open (est) $16.36 Ref
1:23:52 pm: JCP JC Penney Aug 5.0 Puts: 2086 @ ASK $0.60: 11k traded vs 15k OI: Earnings 8/11 Before Open (est) $4.84 Ref
12:48:10 pm: SHLD Sears Jul 10.0 Calls: 1000 @ ASK $0.05: 1000 traded vs 783 OI: Earnings 8/24 Before Open (est) $6.77 Ref
12:11:59 pm: TWTR Twitter Jan 2019 Put; 7000 @Bid @$2.20; Ref = $16.76
12:02:06 pm: OCLR Oclaro Jun 10.0 Calls Sweep: 500 @ ASK $0.10: 650 traded vs 8845 OI: Earnings 8/1 After Close (est) $9.49 Ref
11:34:42 am: PHM Pulte Jul 28th 25.5 Calls Sweep: 500 @ ASK $0.45: 729 traded vs 0 OI: Earnings 7/20 Before Open (est) $24.65 Ref
11:25:05 am: FOSL Fossil Jun 30th 9.5 Puts Sweep: 500 @ ASK $0.35: 1002 traded vs 0 OI: Earnings 8/8 After Close (est) $9.72 Ref
11:14:15 am: AKS AK Steel Jul 8.0 Calls Sweep: 9662 @ ASK $0.08: 9662 traded vs 1523 OI: Earnings 7/25 Before Open (est) $6.16 Ref
11:02:37 am: DOW Dow Chem Sep 65.0 Calls Sweep: 564 @ ASK $2.35: 796 traded vs 20k OI: Earnings 7/27 Before Open $64.95 Ref
10:55:40 am: ICON Iconix Brand Gp Nov 7.5 Calls Sweep: 981 @ ASK $0.65: 981 traded vs 66 OI: Earnings 8/3 After Close (est) $6.52 Ref
10:43:09 am: TOL Toll Bros Jul 39.0 Calls: 3500 @ ASK $0.90: 3502 traded vs 166 OI: Earnings 8/22 Before Open (est) $38.83 Ref
10:36:20 am: TGP Teekay LNG Ptnrs Jul 15.0 Puts Sweep: 725 @ ASK $0.85: 735 traded vs 1574 OI: Earnings 8/3 Before Open (est) $14.89 Ref
10:13:55 am: MNKD Mannkind Jul 4.0 Puts Sweep: 675 @ ASK $2.77: 676 traded vs 0 OI: Earnings 8/7 After Close (est) $1.40 Ref
9:33:24 am: SBUX Starbucks Jun 60.0 Puts Sweep: 1009 @ ASK $0.30: 1106 traded vs 6483 OI: Earnings 7/27 After Close (est) $60.25 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.
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!