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.
- Boeing Co (NYSE:BA) will have to incur extra costs for the KC-46 tanker program as a result of a central fuel tank supplier quality issue.
- Boeing Chief Financial Officer Brian West did not disclose the precise value of the additional charges, Reuters reported.
- Earlier this month, Boeing's 767 freighter and KC-46 tanker deliveries were postponed because a supplier had not completed processes, including cleaning and paint adhesion on the center fuel tanks.
- "We know how to fix this," West stated. "But now we have to go implement the fix both on production airplanes and some airplanes that are in the fleet."
- Also read: Boeing Argues 737 Max Passengers Didn't Feel Pain During Crash: Why 200 Milliseconds Matter In Lawsuit
- The report claims that although Boeing's finance chief did not identify the amount of the additional charges, this would negatively impact margins in its defense business.
- Price Action: BA shares are trading lower by 2.32% at $199.95 on the last check Wednesday.
- Photo Via Company
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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