Curtiss-Wright Awarded Contract by Parker Hannifin

by Benzinga Staff
July 27, 2011 4:51 PM | 23 seconds read | Make a Comment

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.

Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a contract by Parker Hannifin for structural development, assembly and test of the aft strut fairing hydraulic module for use on the Boeing 787 airplane. The contract extends an existing agreement for the manufacture of this product through the end of 2021. The combined value of the contract and prior agreements over the lifetime of the platform is estimated to be approximately $112 million.

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.

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