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 Synlogic (NASDAQ:SYBX) rose 2.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were up 9.80% year over year to ($0.46), which missed the estimate of ($0.43).
Revenue of $100,000 less by 70.41% year over year, which missed the estimate of $450,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Synlogic hasn't issued any revenue guidance for the time being.
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Conference Call Details
Date: May 08, 2020
Webcast URL: https://edge.media-server.com/mmc/p/o38dmqqm
Recent Stock Performance
52-week high: $10.01
Company's 52-week low was at $1.35
Price action over last quarter: Up 44.65%
Company Profile
Synlogic Inc is a biopharmaceutical company focused on advancing the drug discovery and development platform for Synthetic Biotic medicines, which are designed using synthetic biology to genetically reprogram beneficial microbes to treat metabolic and inflammatory diseases and cancer.
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.