27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Align Tech (NASDAQ:ALGN) rose after the company reported Q4 results.
Quarterly Results
Earnings per share rose 70.59% year over year to $2.61, which beat the estimate of $2.14.
Revenue of $834,520,000 higher by 28.43% year over year, which beat the estimate of $793,560,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Align Tech hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Feb 03, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/j8ghe5ko
Price Action
52-week high: $579.50
Company's 52-week low was at $127.88
Price action over last quarter: Up 20.85%
Company Description
Align Technology is a medical (dental) device company primarily known for the Invisalign system, which is an alternative to traditional braces to correct a wide range of malocclusions. The company also manufactures intraoral scanners and computer-aided design/computer-aided manufacture digital services to support the customization of these liners. Historically, only orthodontists serviced this product, but more recently the company has expanded its direct marketing efforts to include generalists (dentists) and consumers.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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