Weight Watchers International, Inc. (NYSE:WTW) shares are trading higher by $8.62 or 20 percent at $53.42 in Tuesday's session.
The catalyst for the rally is a Q3 EPS beat of 14 cents along with a sales beat of $4.3 million. The company significantly raised FY 2017 guidance and announced subscribers were up 18.4 percent year over year.
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.
See Also: With Weight Watchers, Oprah May Have Shed 45 Pounds, But Her Wallet's Put On A Few
After a much higher open, it had a $1.00 retreat to $49.22 before continuing its move higher. The ensuing rally took the stock to $54.47, but fell back into the mid-$53.00 handle. That marks the highest level for the stock since February 2013, when it peaked at $55.03.