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.
- RealReal Inc (NASDAQ:REAL) reported second-quarter FY21 revenue growth of 82.8% year-on-year, to $104.91 million, missing the analyst consensus of $107.25 million.
- Consignment and service revenue rose 76.3% Y/Y, and Direct revenue increased 113.4%.
- The gross merchandise volume (GMV) increased 91% Y/Y to $350 million, with 84.5% of GMV from repeat buyers.
- Gross profit rose 78% Y/Y to $63.4 million with a profit margin of 60.4%. Gross profit per order improved 10.6% Q/Q to $94.
- The loss from operations widened to $(64.8) million. Adjusted EBITDA was ($32.9) million.
- The company held $491.6 million in cash and equivalents as of June 3, 2021.
- Adjusted loss per share of $(0.50) missed the analyst consensus of $(0.47).
- Price action: REAL shares closed lower by 0.73% at $16.23 on Monday.
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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