UPDATE: FedEx Q2 Profit Drops 12% - FedEx (NYSE:FDX)

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.

FedEx (NYSE: FDX) reported a 12% drop in its second-quarter profit on Wednesday.FedEx's quarterly profit declined to $438 million, or $1.39 per share, versus $497 million, or $1.57 per share, in the year-earlier period. Its sales climbed 5% to $11.1 billion. However, analysts were expecting earnings of $1.41 per share on sales of $10.84 billion. FedEx projects Q3 profit of $1.25 to $1.45 per share, versus analysts' estimates of $1.45 per share.FedEx shares gained 1.67% to $93.90 in pre-market trading.

27% profits every 20 days?

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