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 The Chefs' Warehouse (NASDAQ:CHEF) rose 0.5% in pre-market ttading after the company reported Q2 results.
Quarterly Results
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Earnings per share decreased 257.58% year over year to ($0.52), which missed the estimate of ($0.49).
Revenue of $200,496,000 declined by 51.27% from the same period last year, which missed the estimate of $212,840,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
The Chefs' Warehouse hasn't issued any revenue guidance for the time being.
Conference Call Details
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Recent Stock Performance
52-week high: $42.06
52-week low: $3.55
Price action over last quarter: down 7.12%
Company Profile
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
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.