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.
McCormick & Co (NYSE:MKC) shares are trading higher Tuesday after the company reported better-than-expected third-quarter EPS results and raised fiscal year 2019 EPS guidance above analyst estimates.
The company reported third-quarter earnings of $1.46 per share, which beat the analyst consensus estimate of $1.29 by 13.18%.
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McCormick raised its fiscal year 2019 EPS guidance from a range of $5.20-$5.30 to a range of $5.30-$5.35 versus the $5.28 Street estimate.
McCormick shares were trading up 1.09% at $158 in Tuesday’s premarket session. The stock has a 52-week high of $171.10 and a 52-week low of $119.
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McCormick Reports Mixed Q2 Earnings
Photo by Abhijit Tembhekar via Wikimedia.
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.