Sharp Posts FQ2 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.


Sharp (OTC: SHCAY) posted a net loss in its fiscal second quarter.Sharp posted a quarterly net loss of Y249.1 billion ($3.11 billion), versus a year-ago net profit of Y9.4 billion. Its revenue declined to Y645.5 billion. For the full year, the company now projects a net loss of Y450 billion, versus its August forecast for a loss of Y250 billion.Sharp shares closed at $2.12 yesterday.

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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