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 JM Smucker (NYSE:SJM) fell 3.4% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 23.56% year over year to $2.57, which beat the estimate of $2.29.
Revenue of $2,092,000,000 up by 9.99% year over year, which beat the estimate of $2,060,000,000.
Looking Ahead
Details Of The Call
Date: Jun 04, 2020
Time: 08:30 AM
ET Webcast URL: https://investors.jmsmucker.com/events-presentations
Recent Stock Performance
52-week high: $125.87
52-week low: $91.88
Price action over last quarter: Up 8.12%
Company Profile
J.M. Smucker is a packaged food company that primarily operates in the U.S. retail channel (86% of 2019 revenue), but also in U.S. food-service (10%), and international (4%). Its largest category is pet food and treats (38% of 2019 revenue), with popular brands such as Milk-Bone, Meow Mix, 9Lives, Kibbles 'n Bits, Nature's Recipe, Natural Balance, and Rachael Ray Nutrish. Its second- largest category is coffee (32%) with the number-two brand Folgers and number-six Dunkin' Donuts. Other large categories are peanut butter (10%), with number-one Jif and number-three Smucker's, fruit spreads (4%) with number-one Smucker's, frozen hand-held foods (4%) with number-one Uncrustables, and oils (3%) with number-two Crisco.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!