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.
- WeWork Inc (NYSE:WE) prepared to close about 40 underperforming locations in the U.S., the Wall Street Journal reported.
- Most of the closures are likely this month as the office-sharing company cuts costs and seeks to turn a profit.
- WeWork reported a wider-than-expected loss for the third quarter and slowing sales growth as many companies called their employees back to centralized offices after the pandemic.
- Also Read: Twitter Gets First Hand Feel Of Elon Musk's Tesla Culture; Musk Bans Remote Work After Downsizing
- WeWork said revenue rose 24% from a year earlier to $817 million, missing Wall Street estimates. That marks a deceleration of sales growth from the prior quarter when WeWork posted a 37% year-over-year rise in revenue.
- WeWork posted a loss of $568 million, or 75 cents a share, for the three months, narrower than the loss of $802 million, or $5.50 a share, in the same period a year ago.
- Price Action: WE shares traded lower by 3.08% at $2.52 in the premarket on the last check Friday.
- Photo via Wikimedia Commons
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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