UPDATE: Sealed Air Lowers Full-Year Earnings Forecast - Sealed Air (NYSE:SEE)

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.

Sealed Air (NYSE: SEE) posted a loss in the third quarter and cut its earnings forecast for the year. Sealed Air now projects adjusted earnings of $0.90 to $1 per share, versus its earlier forecast of $1 to $1.10 per share. Sealed Air posted a quarterly loss of $1.17 billion, or $6.03 per share, versus a year-earlier profit of $73.7 million, or $0.41 per share. Excluding one-time items, it earned $0.31 per share. Its revenue surged 52% to $1.9 billion. However, analysts were expecting income of $0.31 per share on revenue of $1.98 billion. Sealed Air's gross margin climbed to 33.9% from 26.9%.Sealed Air shares closed at $16.68 yesterday.

27% profit every 20 days?

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