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 Archer-Daniels Midland (NYSE:ADM) fell 0.2% in pre-market trading after the company reported Q4 results.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Quarterly Results
Earnings per share fell 14.79% over the past year to $1.21, which beat the estimate of $1.10.
Revenue of $17,978,000,000 higher by 10.10% from the same period last year, which beat the estimate of $16,480,000,000.
Outlook
Archer-Daniels Midland hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
How To Listen To The Conference Call
Date: Jan 26, 2021
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/8kv5miso
Recent Stock Performance
52-week high: $53.99
52-week low: $28.92
Price action over last quarter: Up 14.81%
Company Overview
Archer Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. Additionally, the company owns an extensive network of logistical assets to store and transport crops around the globe. Its end products include vegetable oil and meal, corn sweeteners, flour, feed ingredients, ethanol, and natural flavors.
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.