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 Mattel (NASDAQ:MAT) moved lower by 13.16% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 4.00% over the past year to ($0.26), which beat the estimate of ($0.33).
Revenue of $732,100,000 decreased by 14.88% year over year, which beat the estimate of $676,130,000.
Outlook
Mattel hasn't issued any earnings guidance for the time being.
Mattel hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jul 23, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/e6vr43y9
Price Action
Company's 52-week high was at $14.83
Company's 52-week low was at $6.53
Price action over last quarter: Up 41.93%
Company Description
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, handheld and other games, puzzles, educational toys, media-driven products, plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl, among other brands. In addition, it currently manufactures toy products for its segments both internally and through outside manufacturers.
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.
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