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 Avery Dennison (NYSE:AVY) moved higher by 1.2% in pre-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were up 15.06% year over year to $1.91, which beat the estimate of $1.53.
Revenue of $1,729,000,000 decreased by 1.82% year over year, which beat the estimate of $1,700,000,000.
Outlook
Avery Dennison hasn't issued any earnings guidance for the time being.
Avery Dennison hasn't issued any revenue guidance for the time being.
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Price Action
Company's 52-week high was at $141.09
52-week low: $76.96
Price action over last quarter: Up 15.50%
Company Profile
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.
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.