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 Exxon Mobil (NYSE:XOM) rose 0.1% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share fell 126.47% year over year to ($0.18), which beat the estimate of ($0.25).
Revenue of $46,199,000,000 declined by 28.98% from the same period last year, which beat the estimate of $43,690,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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How To Listen To The Conference Call
Date: Oct 30, 2020
Time: 09:30 AM
ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1271715&tp_key=b1e09aac90
Technicals
52-week high: $73.12
Company's 52-week low was at $30.11
Price action over last quarter: down 21.89%
Company Description
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.4 million barrels of liquids and 9.4 billion cubic feet of natural gas per day. At the end of 2019, reserves were 22.4 billion barrels of oil equivalent (including 3.8 billion for equity companies), 65% of which are liquids. The company is the world's largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. It operates its business divisions in North and South America, Europe, the Middle East, North and sub-Saharan Africa, and the Asia-Pacific.
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.