US DOE Selects Ocean Power Technologies To Support Development Of Wave Energy Converter Concept


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.


  • Ocean Power Technologies Inc (NYSE:OPTThas been selected by the U.S. Department of Energy (DOE) to further the development of a next-generation wave energy converter. 
  • The company will receive up to $197,203 to perform a preliminary conceptual design and feasibility study of a modular and scalable small-scale Mass-on-Spring Wave Energy Converter (MOSWEC) PowerBuoy for powering autonomous ocean monitoring systems.
  • Ocean Power Technologies holds multiple patents related to MOSWEC technology, which generates power from the relative motion caused by the ocean waves.
  • Price Action: OPTT shares are trading higher by 3.74% at $1.94 during the premarket session on Tuesday.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsPenny StocksContractsBriefs