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 Flowers Foods (NYSE:FLO) moved lower after the company reported Q1 results.
Quarterly Results
Earnings per share were unchanged 0.00% over the past year to $0.41, which beat the estimate of $0.39.
Revenue of $1,302,000,000 decreased by 3.48% year over year, which missed the estimate of $1,330,000,000.
Guidance
Flower Foods Sees FY21 EPS $1.10-$1.17 Vs $1.13 Estimates
Technicals
Company's 52-week high was at $25.18
52-week low: $21.55
Price action over last quarter: Up 9.19%
Company Description
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The operating segments are divided into direct store delivery, which provides fresh breads, tortillas, cakes, and rolls; and the warehouse segment, which distributes fresh snack cakes and frozen breads and rolls. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, and Tastykake.
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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