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 Akamai Technologies (NASDAQ:AKAM) fell 1.6% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share rose 19.09% year over year to $1.31, which beat the estimate of $1.23.
Revenue of $792,845,000 rose by 11.68% year over year, which beat the estimate of $775,180,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Akamai Technologies hasn't issued any revenue guidance for the time being.
Details Of The Call
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Recent Stock Performance
Company's 52-week high was at $120.00
52-week low: $75.18
Price action over last quarter: down 0.60%
Company Overview
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 200,000 servers distributed over thousands of points of presence within over 1,700 networks across 130 countries. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyber threats.
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.