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 Kraft Heinz (NASDAQ:KHC) rose 2.8% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share rose 1.45% over the past year to $0.70, which beat the estimate of $0.62.
Revenue of $6,441,000,000 rose by 6.01% year over year, which beat the estimate of $6,310,000,000.
Guidance
Kraft Heinz hasn't issued any earnings guidance for the time being.
Kraft Heinz hasn't issued any revenue guidance for the time being.
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Details Of The Call
Date: Oct 29, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/37x6mdau
Technicals
52-week high: $36.37
52-week low: $19.99
Price action over last quarter: down 12.65%
Company Description
In July 2015, Kraft merged with Heinz to create the third- largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth- largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Planters, Ore-Ida, and Philadelphia. Outside North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories around the world.
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.