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 Precision Drilling (NYSE:PDS) rose 6% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 225.00% year over year to ($0.13), which missed the estimate of ($0.05).
Revenue of $136,873,000 declined by 49.89% from the same period last year, which missed the estimate of $308,310,000.
Outlook
Precision Drilling hasn't issued any earnings guidance for the time being.
Precision Drilling hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Jul 23, 2020
Time: 02:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/4asb2584
Technicals
52-week high: $1.85
52-week low: $0.27
Price action over last quarter: Up 32.80%
Company Description
Precision Drilling is a leader in North American oil and gas services. Precision is Canada's market leader in contract drilling, and expanded in to the United States with the purchase of Grey Wolf. In addition to more than 250 land rigs, the company also offers completions, workover, maintenance, and abandonment services with more than 235 service rigs. The trust also offers equipment rentals, rig-site camps, and catering.
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.
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