Fluor Awarded Base Operations Support Contract by U.S. Navy for Jacksonville-Area Bases; Maximum Value $318M

by Benzinga Staff
December 16, 2011 9:20 AM | 21 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.

Fluor Corporation (NYSE: FLR) announced today that the company was awarded a contract by the U.S. Navy to provide base operations support services at the Naval Air Station Jacksonville; Naval Station Mayport; Bureau of Medicine and Surgery, Jacksonville; and Blount Island Command. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract will have a maximum value in year one of approximately $40 million with a maximum total life time contract value of $318 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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