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.
Boeing Co (NYSE:BA) shares were trading lower Tuesday in the wake of reports the plane manufacturer deemed a 737 Max simulator training for pilots at Lion Air to be uneccessary in 2017, according to documents the plane manufacturer provided to U.S. lawmakers.
Bloomberg reported Thursday that it obtained unredacted copies of the documents that show the airline's name. In October 2018, a Lion Air 737 Max crashed in Indonesia, killing 189 people.
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“Now friggin Lion Air might need a sim to fly the MAX, and maybe because of their own stupidity. I’m scrambling trying to figure out how to unscrew this now! idiots,” a Boeing staffer wrote in a June 2017 text message that was released by the House Transportation and Infrastructure Committee, according to Bloomberg.
Boeing shares were trading 0.22% higher at $330.95 in Tuesday's premarket session. The stock has a 52-week high of $446.01 and a 52-week low of $292.47.
Related Links:
The Challenges Boeing's New CEO Is Facing
Boeing's 737 Max Crisis Could Impact US GDP Growth In 2020: Mnuchin
Photo by PK-REN from Jakarta, Indonesia via Wikimedia.
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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.