January 8, 2013 7:51 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Jacobs Engineering Group Inc. (NYSE: JEC) announced today it has been awarded acontract from Santos, one of Australia's largest domestic gas producers, todeliver the concept development study for its Cooper Gas Growth (CGG)satellite developments in South Australia.Officials did not disclose the contract value.The satellite developments are an integral component of Santos' CGG program,which involves major expansion of existing upstream operations, including theMoomba gas fields and processing facilities in South Australia.Under the terms of the contract, Jacobs is providing study management andengineering and design services. The study is focusing on designstandardization and modularization that are expected to deliver long termbenefits regarding the operational flexibility and reliability of thefacilities.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.