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.
NORFOLK, Va., Aug. 2, 2016 /PRNewswire/ -- General Dynamics NASSCO–Norfolk was awarded the Mid-Atlantic CVN private sector maintenance contract by the U.S. Navy to perform non-nuclear planning and maintenance work during six Chief of Naval Operations (CNO) availabilities on four Nimitz-class aircraft carriers and one Gerald R. Ford -class carrier, home-ported in or visiting Norfolk, Virginia. The five-year cost-plus-award-fee and incentive fee contract also includes the ability to provide for any continuing or emergent maintenance repairs on any of these East Coast aircraft carriers.
In addition, NASSCO–Norfolk was awarded a $23 million cost-plus-award-fee modification for the USS Harry S. Truman (CVN-75) fiscal 2016 Planned Incremental Availability, as part of an add-on to a previously awarded contract. Under this contract, the company will provide ship-repair services such as the planning and execution of depot-level maintenance, alterations and modifications that will update and improve the ship's military and technical capabilities. Work will be performed at the Norfolk Naval Shipyard in Portsmouth, Virginia, and is expected to be completed by May 2017.
More information about General Dynamics NASSCO–Norfolk can be found at www.nassconorfolk.com.
More information about General Dynamics (NYSE: GD) is available at www.generaldynamics.com.
Logo - http://photos.prnewswire.com/prnh/20140428/81320
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/general-dynamics-nassco-norfolk-awarded-cvn-maintenance-contract-300307882.html
SOURCE General Dynamics NASSCO
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.
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!