January 4, 2012 7:46 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.
RADA Electronic Industries Ltd. (Nasdaq: RADA) announced that it has signed contracts for an aircraft upgrade program, valued at over $10 million, with one of RADA's strategic customers in Latin America. These contracts are follow-on orders to contracts that were signed during 2010 and early 2011, which bring the total value of RADA's participation in this program to $17 million. Under the new agreement RADA will design and produce installation kits and supply various avionics units for the upgrade program, while providing customer support for the program's implementation.RADA has received a total value of over $21 million of new orders over the course of 2011, of which $13 million were received in the fourth quarter.
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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