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 Arch Resources (NYSE:ARCH) were flat pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 76.05% year over year to ($0.40), which beat the estimate of ($0.41).
Revenue of $357,543,000 declined by 11.77% year over year, which beat the estimate of $320,270,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Apr 22, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/co6ozqfp
Technicals
Company's 52-week high was at $58.88
Company's 52-week low was at $21.80
Price action over last quarter: Up 2.78%
Company Overview
Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. Its operating segment includes Powder River Basin (PRB); Metallurgical (MET); Other Thermal and Corporate. The company generates maximum revenue from the Powder River Basin (PRB) segment. Its PRB segment containing the company's primary thermal operations in Wyoming. The MET segment, containing the company's metallurgical operations in West Virginia, and the Other Thermal segment containing the company's supplementary thermal operations in Colorado and Illinois. Geographically, it derives a majority of revenue from Europe.
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.
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