December 22, 2015 1:05 PM | 1 min read |
Shares of
Jacobs Engineering Group Inc
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.
(NYSE: JEC), a provider of technical, professional and construction services, headed into Tuesday's afternoon session higher by 1.66 percent at $41.62.Jacobs Engineering
announced earlier that it was selected by BASF, the world's largest chemical producer, to provide engineering, procurement and construction management and integrated project management services for projects across the world.Jacobs Engineering said in the press release that it was selected by BASF following a "rigorous process." The company added that the new partnership will be "beneficial" to BASF as it "opens opportunities for further growth and expansion.""This selection represents a strong endorsement of our international reach and EPCM capabilities, and we look forward to working alongside BASF to support its continued growth and success," Gary Mandel, Jacobs' President said in the press release.
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.