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 McDonald's (NYSE:MCD) remained unaffected after the company reported Q2 results.
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Quarterly Results
Earnings per share rose 259.09% year over year to $2.37, which beat the estimate of $2.08.
Revenue of $5,888,000,000 higher by 56.53% year over year, which beat the estimate of $5,530,000,000.
Outlook
McDonald's hasn't issued any earnings guidance for the time being.
McDonald's hasn't issued any revenue guidance for the time being.
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Details Of The Call
Date: Jul 28, 2021
Time: 08:30 AM
ET Webcast URL: https://mcdonalds.webcasts.com/starthere.jsp?ei=1476583&tp_key=acc0ebcecc
Recent Stock Performance
Company's 52-week high was at $247.05
Company's 52-week low was at $191.64
Price action over last quarter: Up 4.35%
Company Profile
McDonald's Corporation is the largest restaurant owner-operator in the world, with 2020 systemwide sales of $93 billion across 39,000 stores and 119 countries. McDonald's revolutionized the restaurant industry with a cheap and fast core menu, building its impressive footprint through partnerships with independent restaurant franchisees. The firm earns 57% of its revenue from franchise royalty fees and lease payments, with the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed. McDonald's owns 55% of the real estate and 80% of the buildings in its franchise system, offering it substantial leverage in maintaining quality standards and consistency across markets.
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.