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 Wolverine World Wide (NYSE:WWW) fell 0.1% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 42.86% over the past year to $0.40, which were in line with the estimate of $0.40.
Revenue of $510,700,000 rose by 16.25% year over year, which missed the estimate of $511,780,000.
Outlook
The upcoming fiscal year's EPS expected to be between $1.95 and $2.10.
The upcoming fiscal year's revenue expected to be between $2,240,000,000 and $2,300,000,000.
Details Of The Call
Date: May 12, 2021
Time: 08:30 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=144249
Technicals
52-week high: $44.74
52-week low: $15.56
Price action over last quarter: Up 22.29%
Company Description
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing and distributing branded footwear, apparel and accessories. The company's portfolio of brands is organized into the two operating segments of, Wolverine Michigan Group, which is the key revenue-generating segment, consisting of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and Hytest safety footwear; and Wolverine Boston Group, consisting of Sperry footwear, Saucony footwear and apparel, Keds footwear and the Kids' footwear business. It derives prime revenue from the United States.
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.
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!