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 H&E Equipment Services (NASDAQ:HEES) were unchanged at $14.67 after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 25.00% year over year to $0.30, which missed the estimate of $0.35.
Revenue of $285,922,000 lower by 8.84% from the same period last year, which missed the estimate of $305,620,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
H&E Equipment Servs hasn't issued any revenue guidance for the time being.
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How To Listen To The Conference Call
Date: May 08, 2020
Webcast URL: https://edge.media-server.com/mmc/p/y8aj46ua
Technicals
Company's 52-week high was at $37.85
Company's 52-week low was at $9.12
Price action over last quarter: down 45.38%
Company Description
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment and industrial lift trucks. It engages in five principal business activities which include equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. A vast majority of its revenue is derived from the equipment rentals segment.
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.