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 Oracle (NYSE:ORCL) decreased after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 28.33% over the past year to $1.54, which beat the estimate of $1.31.
Revenue of $11,227,000,000 higher by 7.53% year over year, which beat the estimate of $11,040,000,000.
Guidance
Oracle hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Jun 15, 2021
Time: 05:00 PM
Technicals
Company's 52-week high was at $85.03
52-week low: $50.91
Price action over last quarter: Up 20.89%
Company Overview
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
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.