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 Lexicon Pharmaceuticals (NASDAQ:LXRX) were unchanged after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 80.00% over the past year to ($0.13), which beat the estimate of ($0.16).
Revenue of $234,000 decreased by 97.45% year over year, which beat the estimate of $10,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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How To Listen To The Conference Call
Date: Jul 30, 2021
Time: 08:00 AM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/897/42157
Technicals
Company's 52-week high was at $9.65
Company's 52-week low was at $1.03
Price action over last quarter: down 21.83%
Company Description
Lexicon Pharmaceuticals Inc is a biopharmaceutical company. It is engaged in the discovery, development and commercialization of pharmaceutical products for the treatment of human disease. Some of its drugs candidates are LX9211, an orally-delivered small molecule drug candidate, as a treatment for neuropathic pain; and sotagliflozin, an orally-delivered small molecule drug candidate, as a treatment for heart failure and type 1 diabetes.
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.