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 U.S. Xpress Enterprises (NYSE:USX) fell 16.8% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 766.67% over the past year to $0.20, which missed the estimate of $0.21.
Revenue of $431,469,000 up by 0.69% from the same period last year, which missed the estimate of $444,880,000.
Outlook
U.S. Xpress Enterprises hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 22, 2020
Time: 05:00 PM
Technicals
52-week high: $11.34
52-week low: $2.65
Price action over last quarter: down 14.35%
Company Description
U.S. Xpress Enterprises Inc is a truckload carrier in the United States. The company offers a portfolio of services using its own truckload fleet and third-party carriers through its non-asset-based truck brokerage network. Its segments are Truckload and Brokerage. The Truckload segment offers asset-based truckload services and the OTR and contract services. The Brokerage segment includes non-asset-based freight brokerage services. The company generates a majority of its revenue from the Truckload segment. Geographically, it generates a majority of its revenue from the United States.
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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