UPDATE: Cinemark Posts Upbeat Q2 Results


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.


Cinemark Holdings (NYSE: CNK) reported better-than-expected second-quarter results.Cinemark's quarterly net income surged to $51.6 million, or $0.45 per share, versus $40.4 million, or $0.35 per share, in the year-ago period.Its revenue increased 5% to $649.6 million. However, analysts were expecting earnings of $0.37 per share on revenue of $630.7 million.Cinemark shares closed at $24.05 on Friday.

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: EarningsNewsprofit