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 eBay (NASDAQ:EBAY) fell 2.35% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were up 26.87% over the past year to $0.85, which missed the estimate of $0.86.
Revenue of $2,606,000,000 declined by 1.62% year over year, which missed the estimate of $2,690,000,000.
Guidance
eBay Updates Guidance To Reflect Transfer Of Classifieds Business; Sees Q3 Adj. EPS $0.68-$0.74,, Sales $2.38B-$2.45B, Sees FY20 Adj. EPS $3.04-$3.16, Sales $9.59B-$9.78B
Conference Call Details
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Date: Oct 28, 2020
Time: 05:00 PM
Price Action
Company's 52-week high was at $61.06
52-week low: $26.02
Price action over last quarter: down 3.94%
Company Overview
With almost $86 billion in marketplace gross merchandise volume, or GMV, generated in 2019, eBay's Marketplace facilitated more than 2% of the $3.5 trillion global online commerce market (using eMarketer estimates). EBay's strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.
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.