SAIC Awarded Contract by Environmental Protection Agency Climate Change Division; Valued at $139M

by Benzinga Staff
January 5, 2012 8:08 AM | 25 seconds 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.

Science Applications International Corporation (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Environmental Protection Agency, Climate Change Division to provide technical and outreach services for the development and implementation of the Greenhouse Gas Reporting Program. The Fixed Rates for Services multi award IDIQ contract has a one-year base period of performance, four one-year options, and a contract ceiling value of more than $139 million if all options are exercised. Work will be performed in Washington, D.C.

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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