PKN To Buy TriOil Resources For $177M


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.


Poland's refiner PKN Orlen agreed to acquire Canadian company TriOil Resources (OTC: TRIAF) for 563 million zlotys ($177.43 million).PKN will acquire 100% of TriOil Resources for C$2.85 per share.TriOil Resources shares closed at $2.96 on Friday.

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: NewsM&Amerger and acquisition