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.
JPMorgan Chase (NYSE:JPM) shares are trading lower despite reporting positive second-quarter earnings.
JPMorgan reported earnings of $2.82 per share, which beat the analyst consensus estimate of $2.52. The bank reported revenue of $29.57 billion, which beat the $28.9 billion estimate and represented a 4% increase from a year earlier.
JPMorgan Chase reported fixed income markets revenue was down 3% and equity markets revenue was $1.7 billion, down 12%.
The stock was trading lower by 1.6% at $112.05 in Tuesday's pre-market session.
Related Links:
Citigroup Trades Higher On Q2 Earnings Beat
Fed Stress Test: 2019 Capital Plan Results Boost Financial Stocks
JPMorgan Chase CEO Jamie Dimon speaks at the Charles H. Wright Museum of African American History in Detroit on June 26. Photo by Dustin Blitchok.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!