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 RCI Hospitality Holdings (NASDAQ:RICK) moved lower in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 37.10% year over year to $0.39, which beat the estimate of $0.32.
Revenue of $38,398,000 decreased by 20.66% year over year, which beat the estimate of $38,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
RCI Hospitality Holdings hasn't issued any revenue guidance for the time being.
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Recent Stock Performance
52-week high: $50.00
52-week low: $6.52
Price action over last quarter: Up 48.62%
Company Overview
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Other. It operates nightclubs through the following brands Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the restaurants segment, the company is building a chain of Bombshells Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
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.