Bankers Petroleum Q1 Net Income Down 31%

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.

Canada's Bankers Petroleum Ltd (OTC: BNKJF) reported a drop in its first-quarter profit.Bankers Petroleum's quarterly net income dropped 31% to $7.8 million, or 3.1 cents per share, versus $11.2 million, or 4.4 cents per share, in the year-ago period. Its income tax expense surged to $17.6 million from $9.5 million.Bankers Petroleum's oil revenue jumped 41% to C$102.7 million. Sales volume rose 12% to 13,279 barrels of oil per day.Bankers Petroleum shares closed at $3.47 on Friday.

27% profit every 20 days?

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