December 13, 2011 2:23 PM | 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.
Crestwood MidstreamPartners LP (NYSE: CMLP) announcedtoday the signing of a memorandum of understanding with MountaineerKeystone LLC, headquartered in Pittsburgh, Pennsylvania, toconstruct a 42 mile 16" natural gas gathering system to serve MK's Marcellus Shale development programin Northeast West Virginia. The Tygart Valley Pipeline isexpected to be completed by the fourth quarter 2012 and willinterconnect with Columbia Gas Transmission's WB Pipeline in RandolphCounty, West Virginia. The TVP will provide MK and other areaproducers with access to the growing natural gas markets in theWashington DC and Baltimore areas. Crestwood estimates the TVPproject, as currently planned, will cost approximately $70 million.Additionally, Crestwood has announced that it has hired Brian S.Blount as Vice President of Crestwood's newly formed MarcellusCommercial Region, effective December 1, 2011.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.