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 Golden Ocean Group (NASDAQ:GOGL) rose 3.8% in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 820.00% year over year to ($0.46), which missed the estimate of ($0.22).
Revenue of $137,408,000 up by 9.04% from the same period last year, which beat the estimate of $92,530,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: May 27, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/k8ffcbis
Technicals
Company's 52-week high was at $6.92
Company's 52-week low was at $2.52
Price action over last quarter: down 25.05%
Company Profile
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.
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.