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 Spirit of Texas Bancshare (NASDAQ:STXB) were unchanged after the company reported Q3 results.
Quarterly Results
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Earnings per share fell 5.00% over the past year to $0.38, which beat the estimate of $0.30.
Revenue of $31,033,000 higher by 33.99% year over year, which beat the estimate of $29,040,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
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Spirit of Texas Bancshare hasn't issued any revenue guidance for the time being.
Price Action
52-week high: $23.48
52-week low: $8.96
Price action over last quarter: Up 12.83%
Company Description
Spirit of Texas Bancshares Inc offers a broad range of commercial and retail banking services. The company offers business checking accounts, lending, treasury management, mortgages, personal financial security, and mobile and online banking services. Its only reportable segment being the business, community banking, provides a broad range of retail and commercial banking services.
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.