Nintendo Swings To Profit - Nintendo Co (OTC:NTDOY)

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.

Nintendo Co (OTC: NTDOY) posted a profit in the first nine months of the fiscal year.Nintendo posted a net profit of 14.54 billion yen ($160 million), versus a year-ago loss of Y48.35 billion. Its revenue declined 2.4% to Y543.03 billion. For the current fiscal year, it lowered its sales view by 17% to Y670 billion. It now expects an operating loss of Y20 billion, versus its prior forecast of a Y20 billion yen profit.Nintendo shares closed at $13.20 yesterday.

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!