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 Columbus McKinnon (NASDAQ:CMCO) were unchanged after the company reported Q4 results.
Quarterly Results
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Earnings per share fell 15.94% year over year to $0.58, which beat the estimate of $0.46.
Revenue of $189,486,000 decreased by 12.57% from the same period last year, which beat the estimate of $186,590,000.
Looking Ahead
Columbus McKinnon hasn't issued any earnings guidance for the time being.
Q1 revenue expected to be between $130,000,000 and $140,000,000.
Conference Call Details
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Date: May 27, 2020
Time: 08:00 AM
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Price Action
52-week high: $43.09
Company's 52-week low was at $19.20
Price action over last quarter: down 26.07%
Company Profile
Columbus McKinnon Corp is a designer, manufacturer, and marketer of a wide range of hoists and overhead cranes for use in a variety of industries. The company's products include actuators, digital power control and delivery systems, rigging tools, cranes, hoists, and elevator application drive systems.
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.