UPDATE: Sanderson Farms Posts Narrower FQ1 Loss

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.

Sanderson Farms Inc (NASDAQ: SAFM) reported a narrower fiscal first-quarter loss. Sanderson Farms posted a quarterly loss of $8 million, or $0.36 per share, versus a year-ago loss of $33.6 million, or $1.52 per share. Its sales rose to $517.8 million from $427.7 million. However, analysts were expecting earnings of $0.26 per share on revenue of $508.9 million.Sanderson Farms shares closed at $49.47 yesterday.

27% profit every 20 days?

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