April 26, 2013 8:02 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.
Fluor Corporation (NYSE: FLR) announced today that a company joint venturerecently executed the contract with the Texas Department of Transportation(TxDOT) for the design, construction, and potential maintenance of theHorseshoe Project in Dallas, Texas. Pegasus Link Constructors LLC (PLC), theFluor-led joint venture, was selected as the best value proposer for theproject by TxDOT in the fourth quarter of 2012. Along with the signing of thecontract, PLC received a notice to proceed (NTP) with the design phase and theconstruction NTP is expected shortly.TxDOT's overall estimate for the design, construction, utilities and right ofway for the project is approximately $798 million. Fluor booked the contractinto backlog in the first quarter of 2013.
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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