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 Sealed Air (NYSE:SEE) rose 2.2% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 14.10% year over year to $0.89, which beat the estimate of $0.76.
Revenue of $1,341,000,000 up by 3.23% year over year, which beat the estimate of $1,300,000,000.
Outlook
Sealed Air said it sees FY21 EPS of $3.25-$3.40 and sales of $5.1 billion-$5.2 billion.
Conference Call Details
Date: Feb 09, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/y2n78y4y
Technicals
52-week high: $47.90
52-week low: $17.06
Price action over last quarter: Up 15.71%
Company Overview
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
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.
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!