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.
CrowdStrike Holdings Inc (NASDAQ:CRWD) is trading higher Monday after positive reports about the software as a service (SaaS) markets were released.
What Happened: A report from Statista said the SaaS market is estimated to be worth about $123 billion in 2021.
"The overall SaaS market is expected to continue growing as organizations around the world adopt SaaS solutions for a variety of business functions," the Statista report stated.
Another report from Reports Valuates said that the global SaaS market size is projected to reach $307.3 billion by 2026.
Recent Earnings: On June 3, CrowdStrike reported first-quarter earnings of 10 cents per share, which beat the estimate of 6 cents per share. The cybersecurity company reported quarterly revenue of $302.8 million, which beat the estimate of $291.46 million.
Related Link: Recap: CrowdStrike Holdings Q1 Earnings
Price Action: CrowdStrike has traded as high as $251.28 and as low as $88.87 over a 52-week period.
At last check Monday, the stock was up 4.37% at $215.97.
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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