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 Enphase Energy (NASDAQ:ENPH) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 211.76% over the past year to $0.53, which beat the estimate of $0.43.
Revenue of $316,057,000 rose by 151.76% year over year, which beat the estimate of $311,050,000.
Guidance
Enphase Energy hasn't issued any earnings guidance for the time being.
Q3 revenue expected between $335,000,000 and $355,000,000.
Details Of The Call
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Price Action
Company's 52-week high was at $229.04
Company's 52-week low was at $56.28
Price action over last quarter: Up 17.66%
Company Profile
Enphase Energy Inc delivers energy management technology for the solar industry. The company designs, develops, manufactures, and sells home energy solutions that connect solar generation, energy storage, and management on one intelligent platform. Its product and service portfolio consists of Enphase Microinverters, Enphase Envoy, Enphase Enlighten, Enphase Energy Services, and Enphase Storage System. Geographically, it derives a majority of revenue from the United States.
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.