Wm Morrison Full-Year Pretax Profit Down 7%


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.


WM Morrison Supermarkets PLC reported a 7% fall in its full year pretax profit.WM Morrison's pretax profit for the year declined to 879 million pounds, from GBP947 million, in the year-earlier period.Its underlying pretax profit fell 4% to GBP901 million from GBP935 million, while turnover rose 3% to GBP18.1 billion from GBP17.7 billion.Its underlying earnings per share climbed 7% to 27.3 pence from 25.6 pence.

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: EarningsNewsPretax Profit