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 Stanley Black & Decker (NYSE:SWK) moved lower by 2% in pre-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 35.68% year over year to $2.89, which beat the estimate of $2.68.
Revenue of $3,850,000,000 rose by 5.97% year over year, which missed the estimate of $3,990,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Stanley Black & Decker hasn't issued any revenue guidance for the time being.
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Technicals
Company's 52-week high was at $180.94
Company's 52-week low was at $70.00
Price action over last quarter: Up 12.74%
Company Profile
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates three business segments: tools and storage, security, and industrial. Tools and storage, the largest segment by revenue, sells hand tools and power tools to professional end-users, distributors, retail consumers, and industrial customers. Security installs electronic security systems and provides electronic security services including alarm monitoring and video surveillance. Industrial sells engineered fastening products such as stud-welding systems, blind inserts and tools, and engineered plastic and mechanical fasteners. The largest end market is the United States of America.
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.