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 Union Pacific (NYSE:UNP) decreased 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share decreased 24.77% year over year to $1.67, which beat the estimate of $1.52.
Revenue of $4,244,000,000 decreased by 24.16% year over year, which missed the estimate of $4,370,000,000.
Looking Ahead
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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Date: Jul 23, 2020
Time: 08:45 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/unp/mediaframe/38745/indexr.html
Price Action
52-week high: $188.96
52-week low: $105.08
Price action over last quarter: Up 14.92%
Company Overview
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated $22 billion of revenue in 2019 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives about 10% of its revenue hauling freight to and from Mexico.
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.