UPDATE: Raytheon Reports Drop In Q3 Earnings

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.

Raytheon Co (NYSE: RTN) reported a decline in its third-quarter earnings. Raytheon's quarterly earnings declined to $501 million, or $1.43 per share, from $728 million, or $1.94 per share, in the year-earlier period. Its sales dropped to $6.13 billion from $6.27 billion. On an adjusted basis, Raytheon earned $1.39 per share. However, analysts were expecting earnings of $1.33 per share. For the year, Raytheon raised the lower end of its adjusted earnings forecast to $5.55 to $5.65 per share, versus its earlier forecast of $5.50 to $5.65 per share.Raytheon shares dropped 0.92% to $42.05 in pre-market trading.

27% profit every 20 days?

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