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.
- Anheuser-Busch InBev SA/NV (NYSE:BUD) reported second-quarter FY22 sales growth of 11.3% year-on-year, to $14.7 billion, beating the analyst consensus of $13.09 billion.
- Total volumes grew by 3.4%, with own beer volumes up by 2.7% and non-beer volumes up by 8.2%. Revenue per hl grew 7.5%.
- Revenue in North America rose 2.7%, Middle Americas increased 18.4%, South America grew 30.2%, EMEA climbed 8.7%, and Asia-Pacific gained 3.7%.
- Combined revenues of global brands, Budweiser, Stella Artois, and Corona, outside their respective home markets in 2Q22, rose 9.7%.
- Gross profit expanded 4.9% organically to $7.9 billion, and gross margin contracted 370 basis points to 54.1%.
- Normalized EBITDA for the quarter was $5.1 billion, with the margin contracting 127 basis points to 34.5%.
- It reported an Underlying EPS of $0.73, beating the consensus of $0.61.
- Outlook: Anheuser-Busch InBev expects its EBITDA to grow in line with its medium-term outlook of 4%-8% and revenue to grow ahead of EBITDA from a healthy combination of volume and price.
- Price Action: BUD shares are trading lower by 5.60% at $53.01 on the last check Thursday.
- Photo Via Company
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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