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.
Aehr Test Systems (NASDAQ:AEHR) is trading higher Friday after the company announced better-than-expected first-quarter fiscal 2022 financial results.
Aehr Test Systems reported an adjusted quarterly earnings loss of 2 cents per share, which beat the estimate for a loss of 3 cents per share. The company reported quarterly revenue of $5.6 million, which beat the estimate of $5.12 million and represented an increase of 181% year-over-year.
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“We are off to a strong start for fiscal 2022, finishing the first quarter with record bookings for a single quarter of $20.7 million. Since the end of the quarter, we have announced an additional $19.4 million in bookings, bringing our total bookings for the fiscal year to over $40 million as of today’s date," said Gayn Erickson, president and CEO of Aehr Test Systems.
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical and memory integrated circuits.
AEHR Price Action: Aehr Test Systems is making new 52-week highs in trading today.
The stock was up 36.20% at $16.04 at time of publication.
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.