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.
On Thursday, BioTime (NYSE:BTX) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
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BioTime EPS is expected to be at a loss of 7 cents, according to sell-side analysts. Sales will likely be near $940,000.
BioTime EPS in the same period a year ago came in at a loss of 5 cents. Sales were $1.08 million. Sales would have fallen 13.20 percent from the same quarter last year.
BioTime's reported EPS has stacked up against analyst estimates in the past like this:
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| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | -0.08 | -0.09 | -0.14 | |
| EPS Actual | -0.08 | -0.11 | -0.08 | -0.05 |
Stock Performance
Over the last 52-week period, shares are down 7.97 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts generally rate BioTime stock as Neutral. The strength of this rating has dwindled over the past three months.
Conference Call
BioTime's Q4 conference call can be accessed here.
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.