Why Cheesecake Factory's Stock Is Trading Higher Today


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


The Cheesecake Factory Incorporated (NASDAQ:CAKE) shares are trading higher after the company reported first-quarter EPS of $0.20, up from $0.13 year over year and better-than-expected sales results.

Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary.

Cheesecake Factory's stock was trading 6.5% higher at $62.82 per share at the time of wrtiing. The stock has a 52-week high of $65 and a 52-week low of $16.80.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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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