Petronas Q3 Net Profit Drops 34%

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.

Malaysia's Petronas reported a 34% decline in its net profit in the last three months of 2011.Petroliam Nasional Bhd's net profit for the nine-month period ended Dec 31, 2011 surged 10.6% y/y to 55.57 billion ringgit ($18.5 billion). Its revenue climbed 26.9% to 222.79 billion ringgit.

27% profits every 20 days?

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