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 Lemonade (NYSE:LMND) fell in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 49.15% over the past year to ($0.90), which missed the estimate of ($0.89).
Revenue of $28,200,000 decreased by 5.69% year over year, which beat the estimate of $26,800,000.
Guidance
Lemonade hasn't issued any earnings guidance for the time being.
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The upcoming fiscal year's revenue expected to be between $123,000,000 and $125,000,000.
Technicals
52-week high: $188.30
Company's 52-week low was at $44.11
Price action over last quarter: Up 37.53%
Company Overview
Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes.
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.