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 Marathon Petroleum (NYSE:MPC) rose 0.2% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share fell 161.35% year over year to ($1.00), which beat the estimate of ($1.70).
Revenue of $17,548,000,000 declined by 43.76% year over year, which missed the estimate of $17,990,000,000.
Outlook
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: Nov 02, 2020
Time: 11:00 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/mplx/mediaframe/41139/indexr.html
Price Action
52-week high: $68.89
52-week low: $15.26
Price action over last quarter: down 21.60%
Company Profile
Marathon Petroleum is an independent refiner with 14 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.8 million barrels per day. The firm also owns and operates midstream assets primarily through its listed MLP, MPLX.
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.