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 Valero Energy (NYSE:VLO) moved higher by 0.3% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 138.40% over the past year to $0.48, which missed the estimate of $0.50.
Revenue of $27,748,000,000 rose by 166.88% year over year, which beat the estimate of $22,570,000,000.
Guidance
Valero Energy hasn't issued any earnings guidance for the time being.
Valero Energy hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Jul 29, 2021
Time: 10:00 AM
ET Webcast URL: https://investorvalero.com/events-and-presentations/default.aspx#events
Recent Stock Performance
52-week high: $84.95
Company's 52-week low was at $35.44
Price action over last quarter: down 3.80%
Company Overview
Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 275 million gallons per year of renewable diesel.
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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