NAPERVILLE, Ill., Nov. 6, 2020 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE:CVR) today announced results for the third quarter of 2020 as summarized below:
CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Nine Months Ended September 30 | |||||
Third Quarter | First Nine Months | ||||
2020 | 2019 | 2020 | 2019 | ||
Net sales | $7,645,259 | $8,188,905 | $19,325,234 | $25,686,034 | |
Income (loss) before income taxes | 414,135 | 414,797 | (614,813) | 1,073,198 | |
Net income (loss) | 309,135 | 315,797 | (413,813) | 832,198 | |
Net income (loss) per common share | .32 | .32 | (.43) | .86 | |
Average common shares outstanding | 966,132 | 966,132 | 966,132 | 966,132 |
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.
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(All figures subject to year-end audit)
SOURCE Chicago Rivet & Machine Co.
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.