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.
- Tutor Perini Corp (NYSE:TPC) subsidiary, Black Micro Corp. has secured a firm-fixed-price contract valued at ~$221.69 million from the Naval Facilities Engineering Systems Command Pacific for construction at Tinian International Airport, Tinian, Commonwealth of Northern Mariana Islands (CNMI).
- The contract contains three unexercised options, if exercised, will increase the contract value to $225.67 million.
- Under the contract, the company will provide for the construction of a cargo pad with taxiway extension, fuel tanks with receipt pipeline and hydrant system, airfield development Phase I roads, and a maintenance support facility, under the Asia Pacific Stability Initiative.
- The company expects the work to begin immediately, with completion expected by October 2026.
- The company expects to include the contract value in its 2Q23 backlog.
- Price Action: TPC shares closed lower by 4.53% at $5.06 on Friday.
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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