November 20, 2012 4:49 PM | 30 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.
TransCanadaCorporation (NYSE: TRP) (TransCanada) announced today thatit has entered into an agreement to acquire BP's 40 per cent interestin the assets of the Crossfield Gas Storage facility. In addition,TransCanada will acquire BP's interest in CrossAlta Gas Storage &Services Ltd., an affiliated marketing joint venture between the twocompanies. This $210 million transaction will give TransCanada 100 per centownership in the facility located in Crossfield, Alberta, about 50kilometres north of the City of Calgary. This acquisition adds anadditional 27 billion cubic feet of natural gas storage capacity toTransCanada's existing portfolio in Alberta. TransCanada has operatedthe Crossfield Gas Storage facility since 2011.
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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