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 Saratoga Investment (NYSE:SAR) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 9.80% over the past year to $0.56, which beat the estimate of $0.50.
Revenue of $16,816,000 up by 26.46% year over year, which beat the estimate of $14,770,000.
Outlook
Saratoga Investment hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $27.35
Company's 52-week low was at $15.00
Price action over last quarter: Up 5.44%
Company Description
Saratoga Investment Corp is a specialty finance company, which invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. Its portfolio comprises investments in leveraged loans, which are generally senior debt instruments that rank ahead of subordinated debt of the portfolio company issued by middle-market companies. In addition, it also purchases mezzanine debt, which is unsecured and subordinated to senior debt of the portfolio company and makes equity investments in middle-market companies.
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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