UPDATE: Monsanto Posts Rise In FQ2 Profit, Raises Forecast


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.


Monsanto Co (NYSE: MON) reported a rise in its fiscal second-quarter profit. Monsanto's quarterly profit climbed to $1.21 billion, or $2.24 per share, from $1.02 billion, or $1.88 per share, in the year-ago period. Its total net sales rose to $4.75 billion from $4.13 billion. However, analysts were expecting earnings of $2.11 per share on revenue of $4.53 billion. Monsanto lifted its full-year earnings forecast to a range of $3.49 to $3.54 per share.Monsanto shares gained 1.78% to $83.26 in pre-market trading.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsGuidanceEarnings