27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Shares of Exxon Mobil Corp (NYSE:XOM) are trading higher today following a strong earnings report.
Exxon reported $17.9 billion in total earnings for the second quarter which is an increase from $5.480 billion reported in the first quarter.
The gas giant also reported earnings per share of $4.140 which beat the estimate of $3.740, according to Benzinga Pro.
“Earnings and cash flow benefited from increased production, higher realizations, and tight cost control…Strong second-quarter results reflect our focus on the fundamentals and the investments we put in motion several years ago and sustained through the depths of the pandemic,” Chairman and CEO Darren Woods shared.
Price Action: Shares are up 2.17% this morning as shares hover at 94.65 during today’s pre-market session.
Photo: Courtesy of Yassine Khalfalli on Unsplash
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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