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.
January 8, 2018-- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that during its second quarter of fiscal 2018, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, received a $1.2 million order to upgrade solid-state, high-power amplifiers from a major prime contractor.
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This upgrade of existing field proven hardware enables the end user to leverage their previous investment and to continue to be able to address evolving electronic warfare needs.
In commenting on this contract award, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp said, "This order clearly demonstrates our continued leadership position in providing electronic warfare technology and the ongoing need for our solid-state high-power amplifiers that are utilized by major OEMs in both domestic and international markets."
Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers and control components for use in a broad spectrum of applications including defense, radar, medical, satellite communications systems and instrumentation.
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Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.
Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
PCMTL
View source version on businesswire.com: http://www.businesswire.com/news/home/20180108006625/en/
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.