August 29, 2011 7:00 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Atlas Pipeline Partners, L.P. (NYSE: APL) announced today that it has signed agreements with DCP NGLServices, a subsidiary of DCP Midstream, to sell its naturalgas liquids production from each of APL's processing facilities inOklahoma and Texas. The agreements are based on Mt. Belvieu NGL pricing andeach have a term of fifteen years, which will become effective at varioustimes upon expiration of APL's existing NGL sales agreements. The agreementswith DCP provide long-term support for APL's previously announced expansionsat its WestTX, WestOK and Velma systems. In addition, subject to existingcommitments, the arrangements also allow for the sale of additional NGLs fromthe West Texas plants on an interim basis.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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