27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Gainers:
- Cavium Inc (NASDAQ:CAVM) shares are up 6 percent after Marvell announces a CFIUS review of merger with Cavium and determined there were no unresolved national security issues in respect to the merger.
- Deckers Outdoor Corp (NYSE:DECK) shares are up 6 percent after reporting a fourth-quarter sales beat. Revenues came in at $401 million, beating estimates by $26 million. Earnings came in at 50 cents per share. The company also issued strong FY2019 earnings and sales guidance.
Losers
- Zoe’s Kitchen Inc (NYSE:ZOES) shares are down 21 percent after reporting a first-quarter earnings miss. Earnings came in at $(0.13), missing estimates by 13 cents. Sales came in at $102 million, missing estimates by $3 million. The company also lowered its FY18 sales outlook from $358million-$368 million to $345 million-$352 million.
- BG Staffing Inc (NYSE:BGSF) shares are down 13 percent after announcing a common stock offering. The size was not disclosed.
- Gap Inc (NYSE:GPS) shares are down 8 percent after reporting a first-quarter earnings miss. Earnings came in at 42 cents per share, missing estimates by 4 cents. Sales came in at $3.78 billion, beating estimates by $183 million. Comps were up 1 percent in the quarter.
- Callon Petroleum Company (NYSE:CPE) shares are down 5 percent after announcing a 22 million share common stock offering.
- Nutanix Inc (NASDAQ:NTNX) shares are down 4 percent following a third-quarter earnings miss. Earnings came in at $(0.21), missing estimates by 2 cents. Sales came in at $289 million, beating estimates by 420 million.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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