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 VMware (NYSE:VMW) rose 0.1% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 11.41% over the past year to $1.66, which beat the estimate of $1.43.
Revenue of $2,864,000,000 higher by 16.61% year over year, which beat the estimate of $2,810,000,000.
Guidance
VMware Sees FY21 Sales $11.7B vs $11.62B Est., Adj. EPS $7.03 vs $6.66 Est.
Details Of The Call
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Date: Nov 24, 2020
Time: 04:30 PM
ET Webcast URL: http://edge.media-server.com/mmc/p/d7xxppzc
Price Action
Company's 52-week high was at $172.34
52-week low: $86.00
Price action over last quarter: Up 2.07%
Company Description
VMware, a majority-owned subsidiary of Dell, is an industry leader in virtual machines for data center servers and computer desktops. The software provider operates in the three segments of licenses, maintenance, and professional services. Customers include enterprises utilizing data centers, end-user computing, cloud providers, and software-defined networking. The Palo Alto, California, firm operates and sells on a global scale, with about half its revenue from the United States, through direct sales, distributors, and partnerships.
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.