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.
Cisco Systems (NASDAQ:CSCO) announces its next round of earnings this Wednesday, August 12. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.
Earnings and Revenue
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Based on Cisco Systems management projections, analysts predict EPS of $0.74 on revenue of $12.08 billion. Cisco Systems EPS in the same period a year ago totaled $0.83. Sales were $13.43 billion. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be down 10.84%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.76 | 0.81 | 0.82 |
| EPS Actual | 0.79 | 0.77 | 0.84 | 0.83 |
| Revenue Estimate | 11.88 B | 11.98 B | 13.08 B | 13.39 B |
| Revenue Actual | 11.98 B | 12.01 B | 13.16 B | 13.43 B |
Stock Performance
Over the past 52-week period, shares of Cisco Systems have declined 4.82%.
Don't be surprised to see the stock move on comments made during its conference call. Cisco Systems is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/jqqf42qq
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.