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 People's United Finl (NASDAQ:PBCT) were flat in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share fell 5.41% year over year to $0.35, which beat the estimate of $0.33.
Revenue of $561,000,000 up by 10.67% year over year, which beat the estimate of $500,070,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
People's United Finl hasn't issued any revenue guidance for the time being.
Conference Call Details
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Date: Jan 21, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/8wtzx2ku
Technicals
52-week high: $16.37
52-week low: $9.37
Price action over last quarter: Up 23.69%
Company Overview
People's United Financial Inc has nearly $39 billion of assets. People's United Bank is one of the New England-based banks and among the top 50 in the U.S. Of the bank's 405 locations, 40% are in Connecticut, where it ranks third by deposit market share. It also ranks among the top 10 in Vermont, New Hampshire, and Maine. The bank offers brokerage, financial advisory and wealth management, and insurance services. Commercial real estate accounts for 35% of the loan book, C&I and equipment financing accounts for another 35%, and the rest is in mortgages and consumer.
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.