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 Tecnoglass (NASDAQ:TGLS) remained unaffected after the company reported Q4 results.
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Quarterly Results
Earnings per share rose 37.50% over the past year to $0.22, which beat the estimate of $0.20.
Revenue of $102,374,000 rose by 0.97% year over year, which beat the estimate of $100,340,000.
Looking Ahead
The upcoming fiscal year's revenue expected to be between $400,000,000 and $415,000,000.
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Price Action
Company's 52-week high was at $7.75
52-week low: $2.15
Price action over last quarter: Up 27.81%
Company Overview
Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.
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.