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 MicroStrategy (NASDAQ:MSTR) rose 7% after the company reported Q3 results.
Quarterly Results
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Earnings per share rose 119.15% year over year to $2.06, which beat the estimate of $0.93.
Revenue of $127,408,000 rose by 6.45% from the same period last year, which beat the estimate of $117,260,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
MicroStrategy hasn't issued any revenue guidance for the time being.
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Technicals
Company's 52-week high was at $187.00
52-week low: $90.00
Price action over last quarter: Up 43.34%
Company Description
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
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.