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 UBS Group (NYSE:UBS) moved higher by 6% after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 43.33% over the past year to $0.43, which beat the estimate of $0.38.
Revenue of $7,934,000,000 rose by 9.92% from the same period last year, which beat the estimate of $7,830,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
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Revenue guidance hasn't been issued by the company for now.
Price Action
Company's 52-week high was at $13.55
52-week low: $7.48
Price action over last quarter: down 18.99%
Company Description
UBS is the world's largest wealth manager and is the product of multiple mergers over the years. Apart from wealth and asset management, it operates a universal bank in Switzerland and a global investment bank.
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.