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 Automatic Data Processing (NASDAQ:ADP) were unchanged after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 5.22% over the past year to $1.41, which beat the estimate of $0.98.
Revenue of $3,471,000,000 decreased by 0.72% from the same period last year, which beat the estimate of $3,280,000,000.
Outlook
Automatic Data Processing hasn't issued any earnings guidance for the time being.
Automatic Data Processing hasn't issued any revenue guidance for the time being.
Conference Call Details
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Date: Oct 28, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/x62itfrz
Technicals
52-week high: $182.32
Company's 52-week low was at $103.11
Price action over last quarter: Up 9.89%
Company Overview
ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey.
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.