Alcoa Down 2% Ahead of Its Q1 Earnings - Alcoa (NYSE:AA)

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.

Alcoa (NYSE: AA) is trading lower on the session ahead of its Q1 earnings announcement. The company is expected to report a loss of $0.04 per share and revenues of $5.77 billion.Alcoa Inc. is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its participation in technology, mining, refining, smelting, fabricating, and recycling. The stock is up 8.7% year-to-date.Alcoa is currently trading at $9.42, a gain of $0.18 or 1.88%.

27% profit every 20 days?

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!