Oracle, Tailored Brands Fall In Wednesday's After-Hours 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.


Tailored Brands Inc (NYSE:TLRD) shares are down 30% after the company reported second-quarter adjusted earnings of 82 cents per share, beating estimates by 8 cents. The company issued weak third-quarter earnings guidance and says it expects comparable sales in all segments to decrease. The company also suspended its quarterly dividend.

Oxford Industries Inc (NYSE:OXM) shares are down 9% after reporting a second-quarter earnings miss. Adjusted earnings came in at $1.84, missing estimates by 2 cents. Sales came in at $302 million, missing estimates by $5.49 million. The company issued weak third-quarter guidance.

Oracle Corporation (NYSE:ORCL) shares are down 3.5% after reporting a first-quarter sales miss. Earnings came in at 91 cents per share, falling in-line with consensus. Sales came in at $9.21 billion, missing estimates by $72 million. The company also announced CEO Mark Hurd will take a leave of absence for health related issues.


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.


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!

Posted In: EarningsNewsAfter-Hours CenterMoversTrading Ideas