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 International Money (NASDAQ:IMXI) remained unaffected after the company reported Q4 results.
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Quarterly Results
Earnings per share were up 50.00% year over year to $0.30, which beat the estimate of $0.22.
Revenue of $99,302,000 higher by 19.29% from the same period last year, which beat the estimate of $94,670,000.
Guidance
The upcoming fiscal year's revenue expected to be between $414,000,000 and $421,000,000.
Details Of The Call
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Price Action
Company's 52-week high was at $18.69
Company's 52-week low was at $6.46
Price action over last quarter: down 2.42%
Company Overview
International Money Express Inc is a processor of money transfer services in the USA to Latin America corridor (LAC). The company offers services in approximately 50 states and Latin American countries. Computer and telephone-based options are available for convenient wire transfers. The company offers wire transfer, money order, and cash checking services, while the majority of the revenue is earned from wire transfer and money order fees.
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.