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 Wells Fargo (NYSE:WFC) fell 0.4% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share rose 309.09% over the past year to $1.38, which beat the estimate of $0.97.
Revenue of $20,270,000,000 higher by 13.65% year over year, which beat the estimate of $17,750,000,000.
Looking Ahead
Wells Fargo hasn't issued any earnings guidance for the time being.
Wells Fargo hasn't issued any revenue guidance for the time being.
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Details Of The Call
Date: Jul 14, 2021
Time: 11:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/pf4czrj6
Price Action
Company's 52-week high was at $48.13
Company's 52-week low was at $20.76
Price action over last quarter: Up 1.92%
Company Description
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
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.