October 3, 2012 8:33 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.
FuelCell Energy, Inc.(Nasdaq: FCEL) a global leader in the design, manufacture and service ofultra-clean, efficient and reliable fuel cell power plants, today announced a$6.0 million cost share award from the U.S. Department of Energy (DOE) tocontinue existing research and development under phase III of the Solid StateEnergy Conversion Alliance (SECA) coal-based systems program. The SECA programis a collaboration between the Federal Government, private industry, andacademia to develop megawatt-class solid oxide fuel cell (SOFC) power plantsto efficiently and cleanly generate electricity from coal syngas. Highefficiency power generation from coal syngas advances the nation's energysecurity while reducing greenhouse gas emissions. As the program progresses tolong term operation with coal syngas, near term applications using natural gasin combined heat and power applications is also a focus. The term of the awardis 12 months and under the SECA program's cost share parameters, the DOE willfund 70 percent of the total award amount or $4.2 million.
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.
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