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.
Shares of BlackLine (NASDAQ:BL) were flat in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 10.00% year over year to $0.11, which beat the estimate of $0.05.
Revenue of $98,856,000 up by 19.68% from the same period last year, which beat the estimate of $96,090,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
BlackLine hasn't issued any revenue guidance for the time being.
Details Of The Call
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Price Action
52-week high: $154.61
52-week low: $57.76
Price action over last quarter: down 22.34%
Company Profile
BlackLine is a provider of financial and accounting software. The company's products, which help support and automate accounting and financial workflows, include financial close, account reconciliation, intercompany accounting, and control assurance. BlackLine's software seeks to improve the dependability of its clients' financial reporting. BlackLine was founded in 2001 and is headquartered in Los Angeles.
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.