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.
Boeing Co (NYSE:BA) is trading higher Thursday after China's aviation authority issued an airworthiness directive for the Boeing 737 Max.
The airworthiness directive indicates the 737 Max could soon be flying in China again after more than two and a half years of being grounded.
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"After conducting sufficient assessment, CAAC considers the corrective actions are adequate to address this unsafe condition," the Civil Aviation Administration of China said in a statement.
"The CAAC’s decision is an important milestone toward safely returning the 737 MAX to service in China," Boeing said Thursday. "Boeing continues to work with regulators and our customers to return the airplane to service worldwide."
Related Link: Why This Investor Plans To Hold Boeing Stock Despite Increasing Omicron Variant Concerns
Boeing is a major aerospace and defense firm. The company operates in commercial airplanes, defense, space and security, global services and Boeing capital.
BA Price Action: Boeing has traded as high as $278.56 and as low as $188 over a 52-week period.
The stock was up 3.45% at $194.69 at time of publication.
Photo: courtesy of Boeing.
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.