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 The Chefs' Warehouse (NASDAQ:CHEF) rose 1.2% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share increased 16.67% year over year to ($0.50), which missed the estimate of ($0.42).
Revenue of $280,217,000 declined by 25.36% year over year, which beat the estimate of $269,660,000.
Guidance
The Chefs' Warehouse hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
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Details Of The Call
Date: Apr 28, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/53jkiktg
Technicals
Company's 52-week high was at $35.56
52-week low: $11.00
Price action over last quarter: Up 20.13%
Company Profile
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
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.