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 World Fuel Services (NYSE:INT) increased in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share decreased 97.70% year over year to $0.02, which missed the estimate of $0.23.
Revenue of $4,702,000,000 declined by 49.75% year over year, which missed the estimate of $5,160,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
World Fuel Services hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Feb 25, 2021
Time: 05:00 PM
ET Webcast URL: https://ir.wfscorp.com/events/event-details/world-fuel-services-corporation-fourth-quarter-2020-earnings-conference-call
Technicals
Company's 52-week high was at $36.76
52-week low: $18.36
Price action over last quarter: Up 66.37%
Company Overview
World Fuel Services Corp is a global fuel logistics, transaction management, and payment-processing company that provides management solutions to companies in the aviation, marine, and land transportation industries. Through its three segments, the company offers fuel, lubricants, and crude oil to a diverse customer base. To aid customers with price-management, the company may enter into derivative contracts to mitigate the risk of market price fluctuations. World Fuel Services also offers fuel management, procurement of fuel, card payment solutions, and a host of other services in each of its segments. Through a global supplier network of third-party suppliers, the company is able to harvest a significant portion of its revenue from participants in the aviation industry.
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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