October 11, 2012 5:32 PM | 29 seconds 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.
Buckeye Partners, L.P. ("Buckeye")(NYSE: BPL) announced today that it has reached a multi-year agreement with asubsidiary of Irving Oil Limited ("Irving Oil") to provide crude oil servicesat its terminal located in Albany, New York, including off-loadingunit-trains, storage, and throughput. The approximately 1.8 million barrelstorage facility located within the Port of Albany along the Hudson River isexpected to begin handling crude oil on November 1, 2012. Buckeye plans tomake modifications to the Albany terminal that, once completed, will allow theterminal to handle both crude oil and ethanol unit-trains with a totalcapacity in excess of 135,000 barrels per day.
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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