September 26, 2012 4:04 PM | 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.
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today a successful openseason for Mariner East, a pipeline project to deliver propane and ethane fromthe liquid-rich Marcellus Shale areas in Western Pennsylvania to Sunoco,Inc.'s facility in Marcus Hook, Pennsylvania, where it will be processed,stored, and distributed to various domestic and waterborne markets. Bindingcommitments for all of the pipeline capacity offered have been received fromshippers enabling the project to move forward. Mariner East, along with thepreviously announced Mariner West project which will deliver ethane to theSarnia, Ontario market by mid-2013, will provide Marcellus Shale basinproducers with a comprehensive natural gas liquids takeaway solution. SunocoLogistics is projecting to invest over $600 million for the Mariner projects.
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.