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 Hologic (NASDAQ:HOLX) increased in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 368.85% year over year to $2.86, which beat the estimate of $2.17.
Revenue of $1,610,000,000 up by 89.30% from the same period last year, which beat the estimate of $1,400,000,000.
Guidance
Q2 EPS expected between $2.56 and $2.68.
Q2 revenue expected to be between $1,500,000,000 and $1,560,000,000.
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Price Action
52-week high: $81.80
52-week low: $26.49
Price action over last quarter: down 4.12%
Company Description
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in five segments: breast health (44% of sales), diagnostics (39%) surgical (14%), and skeletal health (3%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (74%), followed by Europe (12%), Asia (9%), and other international markets (5%). Hologic is headquartered in Bedford, Massachusetts.
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.