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 Lamb Weston Hldgs (NYSE:LW) rose 2% in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 22.78% year over year to $0.61, which beat the estimate of $0.30.
Revenue of $871,500,000 declined by 11.88% year over year, which beat the estimate of $869,220,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Buy at this blue line for a shot at trading profitably
There are so many indicators out there on when to buy and sell. Nic uses none. He looks at a chart and buys when a stock “pushes” off this blue line. What blue line? Find out on the next page. It’ll change how you make money from stocks. Click here for the details.
Date: Oct 07, 2020
Time: 10:00 AM
ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1369199&tp_key=ee6a777918
Price Action
52-week high: $96.32
52-week low: $39.06
Price action over last quarter: Up 17.87%
Company Overview
Lamb Weston is the world's second- largest producer of branded and private-label frozen potato products, such as French fries, sweet potato fries, tots, diced potatoes, mashed potatoes, hash browns, and chips. The company also has a small appetizer business that produces onion rings, mozzarella sticks, and cheese curds. While 80% of revenue are U.S.-based, the firm also sells its products in Canada, Japan, China, Korea, Mexico, and several other countries. About 86% of the firm's products are distributed into the food-service channel, while the remaining 14% is sold through retail. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
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.