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 Valmont Industries (NYSE:VMI) moved higher by 4.25% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share decreased 4.78% year over year to $1.99, which beat the estimate of $1.72.
Revenue of $733,970,000 rose by 6.32% year over year, which beat the estimate of $689,540,000.
Looking Ahead
Valmont Industries hasn't issued any earnings guidance for the time being.
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Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $154.86
Company's 52-week low was at $82.60
Price action over last quarter: Up 10.94%
Company Profile
Valmont Industries Inc is a diversified global producer of fabricated metal products, steel, pole structures, towers, irrigation systems, and other components. Manufactured and engineered structures serve the global lighting and traffic, wireless communication, electrical distribution, and roadway safety industries. Other solutions help people and components move safely and effectively in an industrial, infrastructure, or commercial facility. Valmont has four operating segments: engineered support structures, utility support structures, coatings, irrigation and Other. Customers are primarily state and federal governments, contractors, utility and telecommunications, farmers, and other stakeholders in the manufacturing sector. The majority of sales derive from the United States.
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.