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.
- Xometry Inc (NASDAQ:XMTR) reported second-quarter FY22 sales growth of 89% year-on-year, to $95.62 million, beating the consensus of $93.08 million.
- Marketplace Active Buyers increased 40% to 33,491 as of June 30, 2022.
- The gross profit for the quarter rose 217% Y/Y to $37.7 million with a gross margin of 39.4%.
- The loss from operations widened to $(15.6) million. Adjusted EBITDA loss for the quarter was $(8.3) million.
- The company held $356.7 million in cash and equivalents as of June 30, 2022.
- Adjusted loss per share for the quarter narrowed to $(0.18) versus $(1.14) a year ago.
- Outlook: Xometry sees FY22 revenue of $395 million - $400 million (prior view $392.0 million - $400.0 million) versus the estimate of $397.09 million. Adjusted EBITDA loss of $(33) million - $(31) million (prior view $(36.0) million - $(32.0) million.
- The company expects Q3 revenue of $102 million - $104 million versus the estimate of $103.90 million. Adjusted EBITDA loss of $(7) million - $(6) million.
- Price Action: XMTR shares are trading higher by 21.1% at $50.79 on the last check Wednesday.
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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