UPDATE: PPG Posts In-Line Q4 Profit


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.


PPG Industries (NYSE: PPG) reported a 5.1% rise in its fourth-quarter earnings.PPG's quarterly profit surged to $227 million, or $1.46 per share, from $216 million, or $1.39 per share, in the year-ago period. Excluding one-time items, PPG earned $1.53 per share. Its net sales surged 3.7% to $3.65 billion. However, analysts were expecting earnings of $1.53 per share on revenue of $3.59 billion. PPG shares closed at $142.10 on Friday.

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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Posted In: EarningsNewsprofit