Lockheed Martin (LMT) gets liftoff from Sikorsky buy

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.

Lockheed Martin Corp. (NYSE: LMT) shares gained 1.8% to $204.89. The company announced a plan to acquire Sikorsky Aircraft, maker of Black Hawk helicopters, from United Technologies for $8 billion. Lockheed also raised the range of its outlook for full-year earnings to $11.00 to $11.30 from a range of $10.85 to $11.15. Share volume was 252,000, compared to an all-day average of 304,000

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!