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 Cantel Medical (NYSE:CMD) moved higher by 4.9% in pre-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share fell 61.90% over the past year to $0.24, which beat the estimate of ($0.01).
Revenue of $233,371,000 declined by 2.55% from the same period last year, which beat the estimate of $223,640,000.
Outlook
Cantel Medical hasn't issued any earnings guidance for the time being.
Cantel Medical hasn't issued any revenue guidance for the time being.
Conference Call Details
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Date: Sep 17, 2020
Time: 08:30 AM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2203/36688
Recent Stock Performance
52-week high: $90.79
52-week low: $20.81
Price action over last quarter: down 2.17%
Company Description
Cantel Medical is a New Jersey-based manufacturer of hospital supplies for infection prevention, which include products used in endoscope disinfection, water purification systems for use in dialysis treatment, and dental supplies. The firm reports in four segments: medical (57% of fiscal 2019 sales), life sciences (22%), dental (18%), and dialysis (4%). Geographic exposure is primarily in the U.S., which accounts for 75% of revenue, with international markets making up the remaining 25%.
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.