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.
Gainers:
Steelcase Inc. (NYSE:SCS) shares are up 12 percent after the company reported a second-quarter earnings beat. Earnings came in at 41 cents per share, beating estimates by 12 cents. Sales came in at $875.8 million, beating estimates by $2.1 million. The company issued strong Q3 and FY19 earnings guidance.
Opiant Pharmaceuticals Inc (NASDAQ:OPNT) shares are up 7 percent after announcing a $4.6-million contract to accelerate development of OPNT003 for the treatment of opioid overdoses.
Micron Technology, Inc. (NASDAQ:MU) shares are up 4 percent after reporting a fourth-quarter earnings beat. Adjusted earnings came in at $3.53, beating estimates by 19 cents. Sales came in at $8.44 billion, beating estimates by $190 million.
Losers:
United Natural Foods Inc (NASDAQ:UNFI) shares are down 10 percent. Fourth quarter earnings came in at 76 cents per share, missing estimates by 9 cents. Sales came in at $2.592 billion, missing estimates by $18 million. FY19 guidance fell in-line with the consensus.
Jerash Holdings (US) Inc (NASDAQ:JRSH) shares are down 10 percent. No news was immediately available.
Aytu Bioscience Inc (NASDAQ:AYTU) shares are down 6 percent. Shares gained over 13 percent in the regular trading session.
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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