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.
HOUSTON, Nov. 20, 2012 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (Nasdaq: MEMP) announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed public offering of common units. MEMP expects to use the net proceeds it receives from the offering to pay a portion of the purchase price for its recently announced pending acquisition of oil and natural gas properties.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
When available, a preliminary prospectus relating to the offering may be obtained by contacting Raymond James & Associates, Inc., Attn: Equity Syndicate, c/o Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, Toll Free No.: (800) 248-8863 or email: andrea.borum@raymondjames.com. An electronic copy of the prospectus is available from the Securities and Exchange Commission's Web site at www.sec.gov.
Memorial Production Partners LP is a Delaware limited partnership that was formed to own and acquire oil and natural gas properties in North America. MEMP's properties are located in South Texas and East Texas/North Louisiana and consist of mature, legacy oil and natural gas reservoirs. MEMP is headquartered in Houston, Texas.
The Memorial Production Partners logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11158
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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