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 General Finance (NASDAQ:GFN) were unchanged after the company reported Q4 results.
Quarterly Results
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Earnings per share increased 214.29% over the past year to $0.44, which beat the estimate of $0.03.
Revenue of $84,503,000 decreased by 12.17% year over year, which beat the estimate of $78,750,000.
Guidance
General Finance hasn't issued any earnings guidance for the time being.
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General Finance hasn't issued any revenue guidance for the time being.
Price Action
52-week high: $11.24
52-week low: $4.62
Price action over last quarter: Up 26.54%
Company Description
General Finance Corp is a specialty rental services company. The company offers portable storage, modular space, and liquid containment solutions, with a diverse and expanding lease fleet of 78,605 units. The company serves a diverse range of customers across a broad range of industries, including the commercial, construction, transportation, industrial, energy, manufacturing, mining, retail, education and government sectors. The company is organized geographically across two principal operating segments, North America and Asia-Pacific.
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.