Genesis Energy Announces Public Offering of 5M Common Units

by Benzinga Staff
March 22, 2012 4:15 PM | 13 seconds read | Make a Comment

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.

Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a registered underwritten public offering of 5,000,000 common units representing limited partner interests. The underwriters are expected to be granted a 30-day option to purchase up to 750,000 additional common units from us.

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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