Gulfport Energy Corporation Launches Proposed $250 Million Senior Notes Offering


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.


Gulfport Energy Corporation(Nasdaq: GPOR) ("Gulfport") today announced that it proposes to offer, subjectto market conditions and other factors, $250 million aggregate principalamount of senior notes due 2020 (the "Notes") to qualified institutionalbuyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the"Securities Act"), and to certain non-U.S. persons in accordance withRegulation S under the Securities Act. Gulfport expects to use the netproceeds of the offering to repay Gulfport's outstanding indebtedness underits senior secured revolving credit facility and for general corporatepurposes, including the funding of a portion of its 2012 and 2013 capitaldevelopment plans.

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: NewsOfferings