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 Ennis (NYSE:EBF) were flat in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 56.76% year over year to $0.16, which beat the estimate of $0.12.
Revenue of $88,996,000 decreased by 17.62% year over year, which beat the estimate of $88,420,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
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Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $22.21
Company's 52-week low was at $13.98
Price action over last quarter: Up 0.24%
Company Overview
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging.
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.