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 Echo Global Logistics (NASDAQ:ECHO) moved higher by 0.2% in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share increased 115.38% year over year to $0.56, which beat the estimate of $0.43.
Revenue of $754,252,000 up by 41.86% year over year, which beat the estimate of $703,490,000.
Looking Ahead
Echo Global Logistics hasn't issued any earnings guidance for the time being.
Echo Global Logistics hasn't issued any revenue guidance for the time being.
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Date: Feb 03, 2021
Time: 05:00 PM
ET Webcast URL: https://ir.echo.com/events
Price Action
52-week high: $31.30
52-week low: $14.17
Price action over last quarter: down 6.53%
Company Description
Founded in 2005, Echo Global Logistics is an asset-light third-party logistics provider specializing in domestic truckload and less-than-truckload brokerage. It also offers intermodal and international air and ocean freight forwarding services, though to a lesser degree. Key strategic initiatives include gaining organic market share in the highly fragmented brokerage industry and supplementing its sales capabilities through tuck-in acquisitions. Echo completed its initial public offering in October 2009.
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.