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 MakeMyTrip (NASDAQ:MMYT) rose 1.4% after the company reported Q1 results.
Quarterly Results
Earnings per share rose 25.93% over the past year to ($0.20), which beat the estimate of ($0.50).
Revenue of $6,361,000 decreased by 96.80% from the same period last year, which missed the estimate of $10,550,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
MakeMyTrip hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Aug 21, 2020
Time: 07:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/3jy2i98u
Technicals
52-week high: $30.13
52-week low: $10.00
Price action over last quarter: down 2.48%
Company Description
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day to day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet based platforms, call-centers, and branch offices, provides holiday packages and hotel reservations. Its Air ticketing segment includes internet based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
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.
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