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 Akamai Technologies (NASDAQ:AKAM) fell in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 8.13% over the past year to $1.33, which beat the estimate of $1.31.
Revenue of $846,287,000 rose by 9.61% from the same period last year, which beat the estimate of $829,460,000.
Looking Ahead
Akamai Technologies hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Feb 09, 2021
Time: 04:30 PM
ET Webcast URL: https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=F0F16990-686B-43D7-AF3B-017903CDAC7C&Referrer=https%3A%2F%2Fwww.ir.akamai.com%2Fevents%2Fevent-details%2Fq4-2020-akamai-technologies-inc-earnings-conference-call
Price Action
Company's 52-week high was at $124.91
Company's 52-week low was at $75.18
Price action over last quarter: Up 17.56%
Company Profile
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 200,000 servers distributed over thousands of points of presence within over 1,700 networks across 130 countries. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyber threats.
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.