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 Xenon Pharmaceuticals (NASDAQ:XENE) were flat in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share increased 17.07% over the past year to ($0.34), which beat the estimate of ($0.40).
Revenue of $5,150,000 up by 54.70% from the same period last year, which beat the estimate of $3,220,000.
Looking Ahead
Xenon Pharmaceuticals hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Technicals
52-week high: $20.73
52-week low: $7.00
Price action over last quarter: Up 63.35%
Company Overview
Xenon Pharmaceuticals Inc is a clinical-stage biopharmaceutical company committed to developing innovative therapeutics to improve the lives of patients with neurological disorders, including the rare central nervous system, or CNS, conditions. The product candidates of the group include XEN1101, XEN901 and XEN496 for Epilepsy, XEN007 for Orphan neurological and Nav1.7 oral inhibitors for Pain. Geographically the activities are carried out through Canada.
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.