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 New Jersey Resources (NYSE:NJR) were unchanged in pre-market session after the company reported Q2 results.
Quarterly Results
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Earnings per share fell 11.81% over the past year to $1.12, which missed the estimate of $1.48.
Revenue of $639,614,000 less by 26.16% year over year, which missed the estimate of $872,390,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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Conference Call Details
Date: May 08, 2020
Webcast URL: https://edge.media-server.com/mmc/p/2zu42owc
Recent Stock Performance
52-week high: $51.20
52-week low: $21.14
Price action over last quarter: down 21.16%
Company Description
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to 550,000 customers in the state. NJR's nonregulated businesses include retail gas supply and solar investments primarily in New Jersey. NJR also is an equity investor and owner in several large midstream gas projects.
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.