October 30, 2013 6:10 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.
Quanta Services (NYSE: PWR) today announced that Price Gregory International, a Quanta Services company, was selected to install pipeline infrastructure for TransCanada Corporation's (NYSE: TRP) Houston Lateral Project. Price Gregory will construct and install approximately 48 miles of 36-inch diameter steel pipe to interconnect TransCanada's Gulf Coast Pipeline to refineries in the Houston, Texas marketplace. The Houston Lateral pipeline should increase Houston refiners' access to U.S. and Canadian oil for refining once the project is complete."Quanta values its long-standing relationship with TransCanada," said Jim O'Neil, president and chief executive officer of Quanta Services. "This project will support approximately 650 construction-related jobs for Quanta employees and subcontractors, in addition to the survey, inspection, project management and other personnel provided by TransCanada for the project. As the largest pipeline construction company in North America, Quanta has significant resources, a track record of safe execution and we believe the best people in the business. We look forward to safely executing the Houston Lateral Project."Price Gregory has a limited notice to proceed on the project and expects it to be completed in the spring of 2014.About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering
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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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