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 Campbell Soup (NYSE:CPB) fell 0.4% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 16.67% over the past year to $0.84, which were in line with the estimate of $0.84.
Revenue of $2,279,000,000 up by 5.41% from the same period last year, which missed the estimate of $2,300,000,000.
Looking Ahead
Campbell said it sees FY21 adjusted EPS of $3.03-$3.11.
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Date: Mar 10, 2021
Time: 08:00 AM
ET Webcast URL: http://www.investor.campbellsoupcompany.com/events/event-details/q2-2021-campbell-soup-company-earnings-conference-call
Recent Stock Performance
Company's 52-week high was at $57.54
52-week low: $40.70
Price action over last quarter: down 1.08%
Company Profile
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations, the firm is poised to derive nearly all of its sales from its home turf. Campbell has made a handful of acquisitions to reshape its product mix the past few years, including the tie-up with Snyder's-Lance (completed in March 2018), which stands to enhance its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
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.