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 Vulcan Materials (NYSE:VMC) moved higher by 0.1% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were down 1.88% year over year to $1.57, which missed the estimate of $1.69.
Revenue of $1,361,000,000 higher by 2.87% from the same period last year, which missed the estimate of $1,380,000,000.
Guidance
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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Conference Call Details
Date: Aug 04, 2021
Time: 11:00 AM
Technicals
52-week high: $194.17
52-week low: $115.62
Price action over last quarter: down 4.49%
Company Profile
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2020, Vulcan sold 208 million tons of aggregates, 12 million tons of asphalt mix, and 3 million cubic yards of ready-mix. As of Dec. 31, 2019, the company had more than 16 billion tons of aggregates reserves.
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.