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 Daqo New Energy (NYSE:DQ) rose 1.6% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 54.09% over the past year to $1.18, which missed the estimate of $1.19.
Revenue of $256,095,000 higher by 51.69% from the same period last year, which missed the estimate of $297,970,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Daqo New Energy hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: May 18, 2021
Time: 08:00 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/dq/mediaframe/45101/indexr.html
Recent Stock Performance
Company's 52-week high was at $1218.20
52-week low: $37.02
Price action over last quarter: down 7.63%
Company Overview
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.
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.
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