BAE Systems Receives $22.9M for Mk 41 Vertical Launching System Production

by Benzinga Staff
April 16, 2012 10:00 AM | 15 seconds read | Make a Comment

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.

BAE Systems (OTC: BAESY) has received a $22.9 million contract modification adding an additional ship set for the Arleigh Burke DDG-116 and an additional set of Aegis Ashore equipment. This is a continuation of the U.S. Navy's Mk 41 Vertical Launching System (VLS) for the DDG-51 class re-start program.

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.

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: NewsContracts

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.