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.
- RCI Hospitality Holdings Inc (NASDAQ:RICK) reported 22.6% growth in third-quarter FY21 total club and restaurant sales to $56.7 million compared to pre-pandemic levels of Q3 FY19.
- Total club and restaurant same-store sales increased 17.2% to $53 million versus the 2019 period.
- The company attributed the continued sequential quarterly improvement in total club and restaurant sales mainly to the elimination of all restrictive curfews and occupancy restrictions after increased vaccinations.
- Nightclubs total sales amounted to $40.6 million, while Bombshells raked in a total sale of $16.1 million.
- Price action: RICK shares are trading higher by 2.49% at $63.47 on the last check Thursday.
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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