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.
Macy's Inc (NYSE:M), Twitter Inc (NYSE:TWTR) and Workday Inc (NASDAQ:WDAY) will be featured on "Mad Money" Thursday night with Jim Cramer.
M: Macy's is surging higher after announcing better-than-expected third-quarter financial results.
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Macy's reported quarterly earnings of $1.23 per share, up from a loss of 19 cents per share year-over-year. The company reported quarterly revenue of $5.44 billion, which beat the estimate of $5.2 billion.
Macy's also raised its full-year earnings and revenue guidance.
Macy's "is the star of the day," said Crame, who will interview Macy's chairman and CEO Jeff Gennette.
TWTR: "Twitter, what the heck is going on there," Cramer said. Twitter CFO Ned Segal will speak with Cramer Thursday night.
See Also: Why Twitter CFO Says Investing In Crypto 'Doesn't Make Sense Right Now': Report
WDAY: Workday is scheduled to report its third-quarter financial results after the market closes today.
"I bet you it's a blowout," Cramer said. He will be interviewing Workday co-founder and co-CEO Aneel Bhusri and Workday's chief strategy officer Pete Schlampp.
M, TWTR, WDAY Price Action: At publication time, Macy's was up 19.60% at $36.89, Twitter was down 2.17% at $49.51 and Workday was down 0.23% at $300.21.
Photo: Mike Mozart from Flickr.
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.