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.
DoorDash Inc (NYSE:DASH) shares are trading higher in Thursday's after-hours session after the company reported financial results.
DoorDash said first-quarter revenue increased 35% year-over-year to $1.46 billion, which beat the $1.37 billion estimate, according to data from Benzinga Pro. The company reported a net loss of 48 cents per share, which was worse than estimates for a loss of 41 cents per share.
DoorDash said it grew monthly active users and DashPass members to new record highs. Average order frequency climbed to record highs as well.
Marketplace GOV by 25% year-over-year to $12.4 billion, which helped generate over $8.7 billion in sales for merchants and over $3.2 billion in earnings for Dashers.
Total Orders grew 23% year-over-year to 404 million.
DoorDash is an online food order demand aggregator.
DASH 52-Week Range: $70.50 - $257.24
The stock was up 8.93% in after-hours at $79.68 at press time.
Photo: Tony Webster from Flickr.
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.
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!