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 Crown Holdings (NYSE:CCK) increased 5.89% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 25.64% year over year to $1.96, which beat the estimate of $1.58.
Revenue of $3,167,000,000 up by 2.69% year over year, which beat the estimate of $3,040,000,000.
Guidance
Crown Holdings Sees Q4 Adj. EPS $1.22-$1.27 vs $1.15 Est.; Sees FY20 Adj. EPS $5.65-$5.70 vs $5.18 Est.
Price Action
52-week high: $84.34
Company's 52-week low was at $42.97
Price action over last quarter: Up 16.23%
Company Profile
Crown Holdings is one of the world's largest producers of metal packaging. The company manufactures beverage cans, metal food cans, and closures as well as aerosol cans. With the purchase of Signode, the company also has a presence in a wide variety of protective transport packaging. Although it's headquartered in the United States, the vast majority of Crown's sales come from its operations in Europe, South America, and Southeast Asia.
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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