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.
Penn National Gaming (NASDAQ:PENN) reported worse-than-expected fourth-quarter EPS and sales results.
The company reported quarterly losses of 80 cents per share, which does not compare to the analyst consensus estimate of 36 cents.
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The company reported quarterly sales of $1.34 billion, which missed the analyst consensus estimate of $1.35 billion by 0.74%. This is a 16.02% increase over sales of $1.155 billion the same period last year.
Penn National Gaming shares were trading up 2.8% at $33.19. The stock has a 52-week high of $32.80 and a 52-week low of $16.72.
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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.