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.
Alphabet (NASDAQ: GOOGL) releases its next round of earnings this Thursday, July 30. Here's Benzinga's essential guide to Alphabet's Q2 earnings report.
Earnings and Revenue
Alphabet earnings will be near $8.1 per share on sales of $37.32 billion, according to analysts. In the same quarter last year, Alphabet reported EPS of $14.210 on revenue of $38.94 billion. If the company were to post earnings in-line with the consensus estimate when it reports Thursday, EPS would be down 43.0%. Revenue would have fallen 7.58% from the same quarter last year. Alphabet's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 10.33 | 12.53 | 12.38 | 11.30 |
| EPS Actual | 9.87 | 15.35 | 10.12 | 14.21 |
| Revenue Estimate | 40.38 B | 46.94 B | 40.32 B | 38.17 B |
| Revenue Actual | 41.16 B | 46.08 B | 40.50 B | 38.94 B |
Stock Performance
Over the last 52-week period, shares of Alphabet are up 24.66%.
Don't be surprised to see the stock move on comments made during its conference call. Alphabet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://www.youtube.com/watch?v=I3PA0MkYpwg&feature=emb_err_woyt
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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