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 Friday’s regular session.
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!
- Goodyear Tire & Rubber Co (NASDAQ:GT): Apr 20 $25 Puts at the Bid: 4625 @ $0.801 vs 0 OI; Ref=$30.07
- Freeport-McMoRan Inc (NYSE:FCX): Sep 29 $15.5 Puts at the Bid: 3000 @ $0.671 vs 6 OI; Ref=$15.49
- CarMax, Inc (NYSE:KMX): Sep 15 $65 Puts at the Bid: 1830 @ $1.4 vs 656 OI; Ref=$64.83
- Kroger Co (NYSE:KR): Apr 20 $22 Puts Sweep (14) at the Ask: 1706 @ $2.301 vs 2 OI; Ref=$21.95
- Valero Energy Corporation (NYSE:VLO): Sep 15 $68 Puts Sweep (20) at the Bid: 1000 @ $1.206 vs 48 OI; Ref=$68.61
- Snap Inc (NYSE:SNAP): Sep 1 $15.5 Puts Sweep (2) at the Bid: 1000 @ $0.901 vs 364 OI; Ref=$14.8
- Shutterstock Inc (NYSE:SSTK): Oct 20 $30 Puts Sweep (27) at the Bid: 523 @ $0.851 vs 2 OI; Ref=$31.4
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.