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 ORBCOMM (NASDAQ:ORBC) remained unaffected after the company reported Q4 results.
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Quarterly Results
Earnings per share were down 33.33% over the past year to ($0.04), which beat the estimate of ($0.07).
Revenue of $63,813,000 decreased by 8.42% from the same period last year, which beat the estimate of $61,930,000.
Outlook
Q1 revenue expected between $61,000,000 and $65,000,000.
Conference Call Details
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Date: Feb 24, 2021
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/orbc/mediaframe/43495/indexr.html
Recent Stock Performance
Company's 52-week high was at $9.25
52-week low: $1.24
Price action over last quarter: Up 64.22%
Company Profile
ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
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.