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 Enphase Energy (NASDAQ:ENPH) rose 4.28% in after-market trading after the company reported Q3 results.
Quarterly Results
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Earnings per share increased 0.00% over the past year to $0.30, which beat the estimate of $0.24.
Revenue of $178,503,000 decreased by 0.86% year over year, which beat the estimate of $168,580,000.
Outlook
Enphase Energy Sees Q4 Sales $245M-$260M vs $243.34M Est.
Conference Call Details
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Date: Oct 27, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/qo2gnphv
Technicals
52-week high: $118.94
Company's 52-week low was at $17.18
Price action over last quarter: Up 36.72%
Company Profile
Enphase Energy Inc delivers energy management technology for the solar industry. The company designs, develops, manufactures and sells home energy solutions that connect solar generation, energy storage, and management on one intelligent platform. Its product and service portfolio consists of Enphase Microinverters, Enphase Envoy, Enphase Enlighten and Apps, Enphase Energy Services, and Enphase Storage System. Geographically, it derives a majority of revenue 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.