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 CGI (NYSE:GIB) were flat in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 13.83% over the past year to $1.07, which beat the estimate of $0.82.
Revenue of $2,432,000,000 higher by 4.11% from the same period last year, which beat the estimate of $2,260,000,000.
Guidance
CGI hasn't issued any earnings guidance for the time being.
CGI hasn't issued any revenue guidance for the time being.
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How To Listen To The Conference Call
Date: Apr 28, 2021
Time: 09:00 AM
ET Webcast URL: https://www.icastpro.ca/events/cgi/eckc50/2021/04/28/cgi-s-second-quarter-f2021-results
Technicals
52-week high: $87.31
Company's 52-week low was at $58.60
Price action over last quarter: Up 5.37%
Company Profile
CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 12 billion in annual revenue, employs over 76,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services (BPS). The company's largest vertical market is government, which contributes around 33% of group revenue.
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.