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 Descartes Systems Gr (NASDAQ:DSGX) rose in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 53.85% over the past year to $0.20, which beat the estimate of $0.16.
Revenue of $93,408,000 up by 10.94% from the same period last year, which beat the estimate of $89,470,000.
Outlook
Descartes Systems Gr hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Mar 03, 2021
Time: 05:00 PM
ET Webcast URL: https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=2704D26B-9E81-4C27-959E-D5F5EAEE59B8&LangLocaleID=1033&Referrer=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Fdescartes-sets-date-announce-fiscal-114500983.html
Recent Stock Performance
52-week high: $64.82
52-week low: $24.35
Price action over last quarter: down 1.42%
Company Profile
The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!