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.
Shares of Bitauto Holdings (NYSE:BITA) fell by 0.71% in pre-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share fell 652.38% year over year to ($1.16).
Revenue of $385,800,000 lower by 14.97% from the same period last year.
Outlook
Earnings guidance hasn't been issued by the company for now.
Q1 revenue expected to be between $244,200,000 and $258,600,000.
Conference Call Details
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Technicals
52-week high: $16.26
Company's 52-week low was at $9.46
Price action over last quarter: down 24.43%
Company Overview
Bitauto Holdings Ltd is a provider of internet content and marketing services. The company operates in three main segments: Advertising and subscription business, Transaction service business and Digital marketing solutions business. The firm's major customers are automakers and automobile dealers.
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.