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 Everest Re Group (NYSE:RE) rose in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were down 135.00% over the past year to ($1.12), which beat the estimate of ($1.16).
Revenue of $2,396,000,000 rose by 23.00% year over year, which beat the estimate of $2,320,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
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Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
Company's 52-week high was at $294.31
52-week low: $157.32
Price action over last quarter: Up 14.26%
Company Description
Everest Re Group Ltd is an insurance and reinsurance company with a distribution network. The company's segments include: the U.S. Reinsurance segment that writes property and casualty reinsurance for large U.S. insurance companies and special lines of business comprising of Marine, Aviation, Surety, and Accident and Health business; the International segment, which focuses on several international reinsurance markets including Canada, Asia, Latin America, Brazil, Africa and the Middle East; the Bermuda segment that writes property and casualty reinsurance through Bermuda Re, the U.K. branch and Ireland Re; and the Insurance segment that writes insurance including property casualty insurance. The U.S. Reinsurance segment generates the majority of the revenue for the company.
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.