July 31, 2012 8:32 AM | 1 min read |
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.
Raytheon Company (NYSE: RTN) has been awarded two U.S. Navy contracts for the Dual Band Radar, the multimission air defense radar for the future USS Gerald R. Ford (CVN 78), America's next-generation aircraft carrier. Under the contracts, with a total value of $53.6 million, Raytheon will enhance the system's software to optimize power efficiency and ready the radar suite for the next phase of testing and evaluation. "DBR is the first U.S. naval radar system capable of simultaneous, coordinated operation across two frequency ranges," said Raytheon's Kevin Peppe, vice president of Integrated Defense Systems' Seapower Capability Systems. "Leveraging proven technologies and our radar expertise that spans 70 years, DBR will be the U.S. Navy's most capable radar and a critical asset for the fleet."
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.