27% profits every 20 days?
This is what Nic Chahine averages with his options 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 CooTek (Cayman) (NYSE:CTK) rose 11.0% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 115.00% over the past year to ($0.00), which beat the estimate of ($0.17).
Revenue of $107,013,000 up by 167.29% from the same period last year, which beat the estimate of $85,500,000.
Guidance
CooTek (Cayman) hasn't issued any earnings guidance for the time being.
Q2 revenue expected between $120,000,000 and $120,000,000.
Details Of The Call
Date: May 15, 2020
Time: 11:20 PM ET
Webcast URL: https://ir.cootek.com/index.php?s=126
Recent Stock Performance
Company's 52-week high was at $10.46
Company's 52-week low was at $4.55
Price action over last quarter: Up 20.81%
Company Description
CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, casual games and scenario-based mobile apps. The company's products are Content-rich Mobile Applications that include Online literature, Casual games, Scenario-based mobile apps such as fitness, healthcare, and Phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from United States.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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