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.
Olin (NYSE:OLN) releases its next round of earnings this Monday, Feb. 4. Here's Benzinga's essential guide to Olin's Q4 earnings report.
Earnings and Revenue
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Analysts expect Olin earnings of 34 cents per share. Revenue will likely be around $1.71 billion, according to the consensus estimate.
If the company were to post earnings inline with the consensus estimate when it reports Monday, EPS would be up 6.25 percent. Revenue would be up 5.56 percent from the year-ago period. Here's how the Olin's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.75 | 0.4 | 0.24 | 0.43 |
| EPS Actual | 0.77 | 0.35 | 0.14 | 0.32 |
Stock Performance
Over the last 52-week period, shares are down 35.09 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Olin. The strength of this rating has risen over the past three months.
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.