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 Automatic Data Processing (NASDAQ:ADP) rose 0.2% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were unchanged 0.00% year over year to $1.52, which beat the estimate of $1.29.
Revenue of $3,696,000,000 up by 0.71% year over year, which beat the estimate of $3,570,000,000.
Looking Ahead
The upcoming fiscal year's EPS expected to be between $5.80 and $6.04.
The upcoming fiscal year's revenue expected to be between $14,736,000,000 and $15,028,000,000.
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Details Of The Call
Date: Jan 27, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/gg3k2jne
Price Action
52-week high: $182.32
Company's 52-week low was at $103.11
Price action over last quarter: Up 4.20%
Company Overview
ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey.
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.