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.
Barnes & Noble Education (NYSE:BNED) reported quarterly losses of 97 cents per share, which missed the analyst consensus estimate of a 2 cent loss. The adjusted EPS figure for the fourth quarter came in at 1 cent.
The company reported quarterly sales of $334.39 million, which missed the analyst consensus estimate of $346.05 million. This is a 6.50% decrease over sales of $357.654 million the same period last year.
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"We continue to rapidly implement necessary and profound change across BNED to ensure that we are serving the needs of the education market both today and in the future," said Michael Huseby, CEO and Chairman." Our fiscal year results were in line with our expectations, and we are beginning to establish positive momentum as we continue to pivot our platforms and offerings to digital delivery."
Barnes & Noble Education shares closed Monday at $2.98.
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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.