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.
How often do you find yourself awkwardly asking for 10 extra Chick-Fil-A sauces for your spouse who "forgot" to ask for them? You may no longer have to.
What Happened
Chick-fil-A said Wednesday it will sell some its iconic sauces in bottle format as part of a test pilot in Florida. Consumers can soon buy a 16-fluid ounce bottle of the signature Chick-fil-A and Polynesia Sauces across all Florida Publix, Winn-Dixie, Target (NYSE:TGT) and Walmart (NYSE:WMT) stores.
The retail cost of a 16-ounce bottle will start at $3.49 and 100% of all profits will be donated to the Chick-fil-A Remarkable Futures Scholarship Initiative.
Coinciding with the launch of the new retail initiative, Chick-fil-A is giving an eight-ounce bottle of several sauces with all catering orders as of mid-March.
Why It's Important
Chick-fil-A is far from the only restaurant chain looking towards the retail universe to support sales or find new revenue streams. Buffalo Wild Wings, for example, sells a three-pack of sauces at Costco (NASDAQ:COST) stores while some TGI Friday's menu items can be found in the frozen section of grocers.
Consumers in Florida will be able to find Chick-fil-A sauce in retail stores starting in April and May.
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Chick-Fil-A Is The Slowest Drive-Thru In America For 2019
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.
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