Petropavlovsk H1 Net Profit Declines 90%


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.


Petropavlovsk PLC (OTC: PPLKY) posted a 90% drop in its first-half net profit. Petropavlovsk's net profit for the period fell to $11.0 million, versus $108.2 million, in the year-ago period. Its revenue climbed 15% to $546.8 million from $475.1 million, while EBITDA rose 10% to $204.1 million versus $186.2 million. Petropavlovsk reiterated its production outlook of 700,000oz for the full year.

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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