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 Sanderson Farms (NASDAQ:SAFM) fell 0.5% in pre-market trading after the company reported Q4 results.
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Quarterly Results
Earnings per share rose 232.63% over the past year to $1.26, which beat the estimate of $0.12.
Revenue of $940,023,000 higher by 3.70% year over year, which beat the estimate of $900,090,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Sanderson Farms hasn't issued any revenue guidance for the time being.
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Details Of The Call
Date: Dec 17, 2020
Time: 11:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/jgf5i4f8
Recent Stock Performance
52-week high: $179.45
52-week low: $102.13
Price action over last quarter: Up 20.50%
Company Profile
Sanderson Farms is the third- largest dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States, with 85%-95% of sales made to domestic customers in recent years. The company's product portfolio consists of tray pack and large birds, catering to grocery and food-service customers.
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.