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.
U.S. stocks traded mixed, with the Dow Jones gaining more than 300 points on Thursday. Here are some big stocks recording losses in today’s session.
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- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) shares dipped 26% to $5.91. Babcock & Wilcox said it sees FY23 adjusted EBITDA of $100 million to $120 million.
- Sleep Number Corporation (NASDAQ:SNBR) fell 23.3% to $28.10 following Q3 earnings.
- Meta Platforms, Inc. (NASDAQ:META) shares declined 22.6% to $100.47 after the company reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion.
- Wolfspeed, Inc. (NASDAQ:WOLF) dropped 20.4% to $84.75 after the company issued Q2 sales guidance below estimates.
- FormFactor, Inc. (NASDAQ:FORM) fell 20.2% to $21.65 after the company reported worse-than-expected Q3 sales and issued Q4 guidance below estimates.
- Carriage Services, Inc. (NYSE:CSV) fell 19.7% to $25.75 after the company reported worse-than-expected Q3 EPS results.
- Horizon Bancorp, Inc. (NASDAQ:HBNC) dropped 18.9% to $16.04 after the company reported worse-than-expected Q3 EPS results.
- Align Technology, Inc. (NASDAQ:ALGN) fell 17.8% to $182.30 after the company reported worse-than-expected Q3 results.
- Credit Suisse Group AG (NYSE:CS) shares fell 17.8% to $3.94. Credit Suisse Group posted a Q3 loss of $1.58 per share.
- FTI Consulting, Inc. (NYSE:FCN) dropped 16.8% to $146.36 after the company lowered the high end of its 2022 EPS guidance.
- Amedisys, Inc. (NASDAQ:AMED) fell 14.4% to $90.19 after the company reported worse-than-expected Q3 results. Raymond James downgraded the stock from Outperform to Market Perform.
- TriMas Corporation (NYSE:TRS) fell 12.3% to $25.07 following weak quarterly results.
- World Acceptance Corporation (NASDAQ:WRLD) dropped 11.2% to $91.72 following a Q2 loss.
- Columbia Financial, Inc. (NASDAQ:CLBK) fell 11.1% to $19.46 following Q3 results.
- West Pharmaceutical Services, Inc. (NYSE:WST) fell 11.1% to $226.22 after the company reported worse-than-expected Q3 EPS and sales results and lowered FY22 adjusted EPS guidance below estimates.
- AMTD Digital Inc. (NYSE:HKD) fell 10% to $21.30.
- XPeng Inc. (NYSE:XPEV) dipped 10% to $7.37.
- LendingClub Corporation (NYSE:LC) shares fell 8.5% to $10.67 after the company issued Q4 guidance below estimates.
- STMicroelectronics N.V. (NYSE:STM) fell 5.8% to $32.61 following Q3 results.
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.