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 Deck Capital (NYSE:ONDK) releases its next round of earnings this Tuesday, Nov. 6. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
Earnings and Revenue
Based on On Deck Capital management projections, analysts predict EPS of 12 cents on revenue of $97.33 million.
On Deck Capital EPS in the same period a year ago totaled 1 cent. Sales were $83.66 million. Revenue would be up 16.33 percent on a year-over-year basis. On Deck Capital's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.05 | 0.04 | 0.05 | 0.03 |
| EPS Actual | 0.13 | 0.08 | 0.1 | -0.01 |
Stock Performance
Over the last 52-week period, shares are up 41.63 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with On Deck Capital. The strength of this rating has maintained conviction over the past three months.
Conference Call
On Deck Capital is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://event.on24.com/wcc/r/1823628/3BD706570914EB47A6C34D5A3D1AB2BA
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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