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 Avnet (NASDAQ:AVT) decreased in after-market trading after the company reported Q3 results.
Quarterly Results
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Earnings per share increased 94.74% year over year to $0.74, which beat the estimate of $0.56.
Revenue of $4,917,000,000 higher by 14.08% from the same period last year, which beat the estimate of $4,590,000,000.
Looking Ahead
Q4 EPS expected between $0.71 and $0.77.
Q4 revenue expected between $4,700,000,000 and $5,100,000,000.
Details Of The Call
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Date: Apr 28, 2021
Time: 04:30 PM
ET Webcast URL: https://www.veracast.com/webcasts/avt/earnings/Tt48iO.cfm
Technicals
52-week high: $44.92
52-week low: $24.30
Price action over last quarter: Up 21.72%
Company Overview
Avnet is a leading value-added distributor of electronic components. The company's customer base is composed of original equipment manufacturers, or OEMs, electronic manufacturing services, or EMS, providers and original design manufacturers, or ODMs. The firm operates in two groups--electronic components and Farnell, the latter of which was acquired by Avnet in October 2016.
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.