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 iQIYI (NASDAQ:IQ) decreased in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 34.69% year over year to ($0.32), which beat the estimate of ($0.38).
Revenue of $1,100,000,000 unchanged by 0.00% from the same period last year, which missed the estimate of $1,160,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Feb 17, 2021
Time: 07:00 PM
ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action
Technicals
Company's 52-week high was at $28.03
52-week low: $14.51
Price action over last quarter: down 0.59%
Company Overview
iQIYI Inc is an online entertainment service provider in China. It is primarily engaged in providing a variety of services encompassing internet video, live broadcasting, online games, online literature, animations, e-commerce and social media platform. The company produces original video content and distributes appealing professionally-produced content, partner-generated content, and user-generated content. It also offers a diverse collection of internet video content that appeals to users from broad demographics. The company's revenue is generated from membership services and online advertising services. The company earns the majority of its revenue from China.
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.
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!