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 TuanChe (NASDAQ:TC) were unchanged in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share decreased 400.00% year over year to ($0.03).
Revenue of $26,260,000 was down by 20.26% from the same period last year.
Guidance
Earnings guidance hasn't been issued by the company for now.
Q1 revenue expected to be between $1,293,000 and $1,436,000.
How To Listen To The Conference Call
Date: Apr 15, 2020
Time: 07:04 AM ET
Webcast URL: https://78449.choruscall.com/dataconf/productusers/tc/mediaframe/36418/indexr.html
Technicals
Company's 52-week high was at $7.66
52-week low: $1.12
Price action over last quarter: down 0.64%
Company Description
TuanChe Ltd is an omnichannel automotive marketplace in China. The company operates in two business divisions including Integrated marketing solutions and Virtual dealership services. It organizes auto shows, which aim at facilitating transactions between consumers and auto dealers that includes auto dealers, automakers and automotive service providers. It provides services through its online platform and offline events. Geographically the company generates revenue from the China market.
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.
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