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 SPX (NYSE:SPXC) moved lower in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share decreased 7.29% year over year to $0.89, which missed the estimate of $0.94.
Revenue of $456,800,000 rose by 2.74% year over year, which beat the estimate of $436,040,000.
Guidance
The upcoming fiscal year's EPS expected to be between $3.00 and $3.20.
The upcoming fiscal year's revenue expected to be between $1,600,000,000 and $1,600,000,000.
How To Listen To The Conference Call
Date: Feb 23, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/xwbye9pd
Recent Stock Performance
52-week high: $60.06
52-week low: $25.50
Price action over last quarter: Up 34.63%
Company Description
SPX Corp is a United States-based company that supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
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.
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