UPDATE: Strayer Education Posts Decline In Q4 Profit, Issues Weak Q1 Forecast

by Benzinga Staff
February 16, 2012 7:12 AM | 26 seconds read | Make a Comment

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.

Strayer Education Inc (NASDAQ: STRA) posted a drop in its fourth-quarter profit and issued downbeat first-quarter forecast.Strayer Education projects Q1 earnings of $2.07 to $2.09 per share, versus analysts' estimates of $2.24 per share.Strayer's quarterly net income declined to $26.7 million, or $2.30 per share, from $35.9 million, or $2.73 per share, in the year-ago period. Its revenue dropped 9% to $155.8 million.Analysts were expecting earnings of $2.26 per share on revenue of $154.8 million.Strayer Education shares fell 0.41% to close at $115.08 yesterday.

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.

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