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 Clearwater Paper (NYSE:CLW) fell 7.9% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 418.00% year over year to $1.59, which beat the estimate of $1.38.
Revenue of $457,400,000 up by 2.74% from the same period last year, which missed the estimate of $461,620,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Nov 03, 2020
Time: 05:00 PM
Recent Stock Performance
Company's 52-week high was at $42.45
Company's 52-week low was at $11.88
Price action over last quarter: down 5.06%
Company Description
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely Consumer Products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. Pulp and Paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from the Consumer Products segment. Geographically, it derives maximum revenue from the United States.
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.