Dillard's up 9% on Strong Q1 Earnings


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.


Dillard's (NYSE: DDS) is trading higher on the session following its Q1 earnings announcement yesterday. The company reported an EPS of $1.89 vs $1.67 estimates and sales $1.55 billion vs $1.53 billion estimates.Dillard's Chief Executive Officer, William T. Dillard, II, stated, “We are happy to report a very strong start to 2012 with our seventh consecutive quarter of increased same store sales as well as record setting earnings and earnings per share performances.” Dillard's is currently trading at $72.37, a gain of 6.18 or 9.34%.

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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Posted In: Intraday UpdateMovers