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 Brightcove (NASDAQ:BCOV) rose 18.78% after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 83.33% over the past year to $0.11, which beat the estimate of ($0.02).
Revenue of $49,084,000 rose by 3.48% year over year, which beat the estimate of $46,300,000.
Looking Ahead
Brightcove Sees Q4 Sales Of $49.5M-$50.5M Vs $45.97M Estimates; FY20 Sales Of $193.2M-$194.2M Vs $186.86M Estimates
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Price Action
Company's 52-week high was at $13.36
Company's 52-week low was at $5.44
Price action over last quarter: Up 6.66%
Company Profile
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
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.