27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Ebix (NASDAQ:EBIX) rose 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 18.52% over the past year to $0.88, which may not compare to the estimate of $0.38.
Revenue of $111,312,000 declined by 22.85% year over year, which beat the estimate of $110,950,000.
Guidance
Ebix hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Aug 07, 2020
Time: 11:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/t96nb8b2
Recent Stock Performance
52-week high: $46.12
52-week low: $8.75
Price action over last quarter: Up 18.44%
Company Profile
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The firm generates most of its revenue from data exchanges in life insurance, annuities, health benefits, risk management, and workers' compensation. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. The company derives revenue from subscriptions and transaction fees for its services. Ebix generates the majority of its revenue in the United States, but it has a presence in Latin American, European, and Asia-Pacific regions.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!