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, Jan. 3, 2013 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today announced that the United States District Court for the Eastern District of Louisiana accepted the previously announced agreement between the United States Attorney's Office for the Eastern District of Louisiana and W&T Offshore, resolving environmental violations related to the Company's Ewing Banks 910 oil and gas production platform ("EW-910") in the Gulf of Mexico.
About W&T Offshore
W&T Offshore, Inc. is an independent oil and natural gas producer focused primarily in the Gulf of Mexico and Texas. We have grown through acquisitions, exploration and development and currently hold working interests in approximately 67 producing offshore fields in federal and state waters, including the deepwater. During 2011, we expanded onshore into West Texas and East Texas where we are actively pursuing exploration and development activities. A substantial majority of our daily production is derived from wells we operate offshore. For more information on W&T Offshore, please visit our website at www.wtoffshore.com.
CONTACT: | Mark Brewer | Danny Gibbons |
Investor Relations | SVP & CFO | |
investorrelations@wtoffshore.com | investorrelations@wtoffshore.com | |
713-297-8024 | 713-624-7326 |
SOURCE W&T Offshore, Inc.
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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