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 MakeMyTrip (NASDAQ:MMYT) were unchanged after the company reported Q3 results.
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Quarterly Results
Earnings per share rose 146.67% year over year to $0.07, which beat the estimate of ($0.19).
Revenue of $64,309,000 declined by 68.88% from the same period last year, which beat the estimate of $60,710,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
MakeMyTrip hasn't issued any revenue guidance for the time being.
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Conference Call Details
Date: Jan 28, 2021
Time: 07:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/bzj8frs4
Price Action
52-week high: $33.33
52-week low: $10.00
Price action over last quarter: Up 62.64%
Company Profile
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day to day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet based platforms, call-centers, and branch offices, provides holiday packages and hotel reservations. Its Air ticketing segment includes internet based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
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.