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 Guess (NYSE:GES) fell 22.3% after the company reported Q1 results.
Quarterly Results
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Earnings per share fell 624.00% over the past year to ($1.81), which missed the estimate of ($0.88).
Revenue of $260,251,000 decreased by 51.51% from the same period last year, which missed the estimate of $312,090,000.
Outlook
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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Technicals
Company's 52-week high was at $23.58
Company's 52-week low was at $3.64
Price action over last quarter: Up 11.76%
Company Overview
Guess? Inc designs, markets distributes, and licenses contemporary apparel and accessories that reflect European fashion sensibilities under brands including Guess, Marciano, and G by Guess. Apparel is sold both through wholesale accounts and retail storefronts with nearly 1,700 stores and concessions, operated directly and through licensees. The company has five reportable segments namely Americas Retail, Americas Wholesale, Europe, Asia and licensing.
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.