General Mills, Inc. (NYSE:GIS) shares are trading lower by $3.20 (5.8 percent) at $52.18 in Wednesday's session.
The company announced a Q1 EPS miss of 5 cents along with slight sales beat. The company forecasts organic net sales declining 1-2 percent.
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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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.
After a much lower open, General Mills continued in that direction before it finally found support at $50.40 and staged a rebound. That marks its lowest level since the August 24, 2015, Flash Crash when it bottomed at $47.53. Since reaching that depressed level, it has rallied back to make a new high for the session at $53.22.
At time of writing, it backed off that high and is attempting to remain in the $52.00 handle.