Boeing to Build More Wideband Global SATCOM Satellites for US Air Force; Combined Value $673M - Boeing (NYSE:BA)

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.

Boeing (NYSE: BA) has received authorization from the U.S. Air Force to produce and launch the eighth and ninth Wideband Global SATCOM (WGS) satellites. The WGS-9 authorization and the WGS-8 production option, which was authorized last month, have a combined value of $673 million and are part of the $1.09 billion contract modification announced by the Air Force in September 2011.

27% profits every 20 days?

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!