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 Aramark (NYSE:ARMK) rose 0.2% in pre-market trading after the company reported Q4 results.
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Quarterly Results
Earnings per share fell 151.47% over the past year to ($0.35), which missed the estimate of ($0.34).
Revenue of $2,692,000,000 decreased by 31.87% year over year, which beat the estimate of $2,660,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Aramark hasn't issued any revenue guidance for the time being.
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Recent Stock Performance
Company's 52-week high was at $47.22
Company's 52-week low was at $9.65
Price action over last quarter: Up 64.47%
Company Profile
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
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.