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.
- Calix, Inc (NYSE:CALX) reported third-quarter non-GAAP revenue growth of 37% year-on-year to $236.33 million, beating the consensus of $215.25 million.
- Robust bookings combined with supply chain outperformance led to solid results in the quarter.
- Due to supply chain challenges, the non-GAAP gross margin decreased by 150 basis points to 50.7%.
- Adjusted EPS of $0.34 beat the consensus of $0.23.
- Calix held $234.7 million in cash and equivalents and generated $3.3 million in non-GAAP free cash flow.
- Calix sees Q4 revenue of $237 million - $243 million, above the consensus of $218 million, and non-GAAP EPS of $0.22 - $0.28 versus the consensus of $0.23.
- Price Action: CALX shares traded higher by 16.37% at $70.22 on the last check Tuesday.
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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