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 OPKO Health (NASDAQ:OPK) rose in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share rose 155.56% over the past year to $0.05, which were in line with the estimate of $0.05.
Revenue of $545,200,000 rose by 157.78% year over year, which beat the estimate of $498,460,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
OPKO Health hasn't issued any revenue guidance for the time being.
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Technicals
Company's 52-week high was at $6.47
Company's 52-week low was at $1.91
Price action over last quarter: down 11.64%
Company Description
Opko Health is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Opko's diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a global supply-chain operation and holding company in Ireland. Opko also owns a specialty active pharmaceutical ingredients manufacturer in Israel. The company's bio-reference testing business consists of routine testing and esoteric testing. Routine tests measure various health parameters, such as the functions of the heart, kidney, liver, thyroid, and other organs.
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.