MTS Reports Second-Quarter Net Loss


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.


Russia's MTS posted a loss in the second quarter.MTS posted a quarterly net loss of $681.8 million. Excluding write-offs, MTS earned $357 million, beating analysts' estimates of $320 million.Its revenue fell 0.2% to $3.12 billion, versus estimates of $3.08 billion.MTS' operating income before depreciation and amortisation gained 5.4% to $1.37 billion, versus analysts' estimates of $1.32 billion.

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: EarningsNewsloss