Trinity Exploration & Production Posts Full-Year Loss

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.

Trinity Exploration & Production PLC reported a net loss for the year ending Dec. 31, 2014. Trinity Exploration swung to a net loss of $141 million for the year, versus a year-ago net profit of $39 million. The latest year included USD135.9 million in exceptional items. Its earnings before interest, tax, depreciation and amortisation declined to USD28.5 million, versus USD34.8 million.Its revenue dropped 8.3 percent to $113 million. Oil and gas production slipped 5 percent to 3,603 barrels of oil equivalent per day.

27% profit every 20 days?

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