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 AMETEK (NYSE:AME) were unchanged after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 36.90% over the past year to $1.15, which beat the estimate of $1.10.
Revenue of $1,386,000,000 rose by 36.96% from the same period last year, which beat the estimate of $1,330,000,000.
Looking Ahead
AMETEK said it sees Q3 adjusted EPS of $1.16-$1.18.
The company also raised FY21 adjusted EPS guidance from $4.48-$4.56 to $4.62-$4.68 .
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Conference Call Details
Date: Aug 03, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/nzffyydk
Price Action
Company's 52-week high was at $140.10
52-week low: $91.48
Price action over last quarter: Up 0.99%
Company Description
Ametek is a diversified industrial conglomerate with about $4.5 billion in sales. The firm operates through two segments: electronic instruments, or EIG, and electromechanical, or EMG. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
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.