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 Honeywell International (NYSE:HON) moved higher by 0.4% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 13.12% over the past year to $1.92, which beat the estimate of $1.80.
Revenue of $8,454,000,000 decreased by 0.11% from the same period last year, which beat the estimate of $8,090,000,000.
Looking Ahead
Honeywell raised its FY21 sales guidance from $33.4 billion-$34.4 billion to $34 billion-$34.8 billion.
The company also narrowed adjusted EPS guidance from $7.60-$8 to $7.75-$8.
Conference Call Details
Date: Apr 23, 2021
Time: 08:30 AM
ET Webcast URL: https://honeywell.webcasts.com/starthere.jsp?ei=1451799&tp_key=7cc6b38609
Recent Stock Performance
52-week high: $232.35
Company's 52-week low was at $117.11
Price action over last quarter: Up 17.50%
Company Profile
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. The firm operates through four business segments, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spins of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.
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.
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