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.
Central Puerto S.A. ("Central Puerto") (NYSE:CEPU), the largest private sector power generation company in Argentina, as measured by generated power, announced the approval of the Commercial Operation of a new cogeneration unit Luján de Cuyo with an installed capacity of up to 95.32 MW (net power output), starting on October 5, 2019 at 0:00 hs. (the "Commercial Approval").
The cogeneration unit began its commercial operation 7 weeks earlier than the committed date, November 22, 2019.
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The plant will sell under 15-year contracts:
- Energy and power capacity under a Power Purchase Agreement (PPA) entered into with CAMMESA in accordance to the bidding process established by Res. SEE 287/17, and
- Steam to a private off-taker under a contract between Central Puerto and its client.
With the inclusion of the new Luján de Cuyo cogeneration plant, the consolidated installed capacity of Central Puerto increased 2.3%, totaling now 4,234 MW.
For more information regarding the company, visit www.centralpuerto.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20191007005647/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.