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 Liquidity Services (NASDAQ:LQDT) fell 0.1% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 241.67% year over year to $0.17, which beat the estimate of $0.08.
Revenue of $55,751,000 up by 12.62% from the same period last year, which missed the estimate of $61,660,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Feb 04, 2021
Time: 10:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/5eoock96
Recent Stock Performance
Company's 52-week high was at $22.13
52-week low: $3.01
Price action over last quarter: Up 36.67%
Company Description
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The services provided by the company include program management, valuation, asset management, reconciliation, RTV and RMA ("Return to Vendor" and "Returns Management Authorization"), refurbishment and recycling, fulfillment, marketing and sales, warehousing and transportation, buyer support, compliance, and risk mitigation, as well as self-service tools.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!