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 Jack In The Box (NASDAQ:JACK) rose after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 84.62% over the past year to $2.16, which beat the estimate of $1.77.
Revenue of $338,541,000 higher by 10.03% from the same period last year, which missed the estimate of $338,680,000.
Outlook
Jack In The Box hasn't issued any earnings guidance for the time being.
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Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $104.39
52-week low: $16.81
Price action over last quarter: Up 9.68%
Company Overview
Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering services to its customers. Revenues are generated from sales that take place at their restaurants.
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.