UPDATE: InterOil Posts Rise In Q1 Profit


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.


InterOil Corp (NYSE: IOC) posted a rise in its first-quarter profit.InterOil's quarterly net profit climbed to $9.4 million, or $0.19 per share, from $700,000, or $0.01 per share, in the year-ago period. Its revenue surged 18% to $338.2 million.In the January-March quarter, U.S. crude oil prices gained 9% y/y to average $103 per barrel.InterOil shares closed at $57.61 on Friday.

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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Posted In: EarningsNewsprofit