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.
Salesforce.com, inc. (NYSE:CRM) shares are falling after issuing weak fourth-quarter guidance.
Third-quarter adjusted earnings came in at 75 cents per share, beating estimates by 9 cents. Sales came in at $4.51 billion, beating estimates by $60 million.
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The company's fourth-quarter adjusted earnings guidance came in at 54-55 cents, well short of 62 cents per share consensus estimate.
"We're now on track to double our revenue in five years," said Marc Benioff, chairman and co-CEO, Salesforce. "With Customer 360, only Salesforce is providing companies with a single source of truth, bringing them even closer to their customers across every touchpoint."
See Also: Dan Nathan Sees Unusual Options Activity In Salesforce
Highlights
- Revenue increased 33% year-over-year
- Subscription and support revenues increased 34% year-over-year
- Professional services and other revenues increased 22% year-over-year
Salesforce stock ticked lower by 2% in Tuesday's after-hours session. The stock closed the regular session at $161.57 per share.
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.