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 Unity Bancorp (NASDAQ:UNTY) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share increased 70.21% year over year to $0.80, which beat the estimate of $0.75.
Revenue of $21,344,000 higher by 16.40% from the same period last year, which beat the estimate of $21,180,000.
Guidance
Unity Bancorp hasn't issued any earnings guidance for the time being.
Unity Bancorp hasn't issued any revenue guidance for the time being.
Technicals
52-week high: $24.83
Company's 52-week low was at $10.56
Price action over last quarter: Up 0.41%
Company Overview
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.
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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