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 RF Industries (NASDAQ:RFIL) decreased 2.63% after the company reported Q3 results.
Quarterly Results
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Earnings per share fell 81.82% year over year to $0.02, which beat the estimate of $0.01.
Revenue of $9,544,000 declined by 38.47% year over year, which missed the estimate of $10,640,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
RF Industries hasn't issued any revenue guidance for the time being.
Details Of The Call
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Price Action
52-week high: $8.89
Company's 52-week low was at $3.31
Price action over last quarter: down 20.31%
Company Description
RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The company operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of its subsidiaries. The company has its operations in United States, Canada, Israel, and Mexico.
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.