January 22, 2013 7:27 AM | 1 min 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.
CB&I (NYSE: CBI) announced today that it has been awarded a contract in excessof US$175 million by DONG Oil Pipe A/S for the engineering, procurement andconstruction services of the DO Hejre Crude Stabilization Project at the DONGOil Pipe Oil Terminal in Fredericia, Denmark. This is a fourth quarter 2012award.“This project builds on the work we have done in Denmark with the engineeringand construction of the DONG Oil Pipe Oil Terminal in 1984, and we are pleasedto return and provide our services for this important oil and natural gasproject,” said Philip K. Asherman, President and CEO.The scope of CB&I's current project includes a crude oil stabilization unit,gas processing units and LPG storage and transfer facilities. The operation isscheduled to start up during 2015.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.