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 Texas Roadhouse (NASDAQ:TXRH) moved higher by 2.02% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share decreased 176.19% over the past year to ($0.48), which beat the estimate of ($0.63).
Revenue of $476,425,000 declined by 30.94% from the same period last year, which beat the estimate of $474,610,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Aug 03, 2020
Time: 05:00 PM
Technicals
Company's 52-week high was at $72.49
52-week low: $25.15
Price action over last quarter: Up 33.99%
Company Description
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company has over 500 restaurants in over 45 states and a few foreign countries. Revenue from external customers is derived principally from food and beverage sales.
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.