Siemens Posts Rise In Q2 Profit, Cuts Profit Forecast

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.

Siemens AG (NYSE: SI) reported around 12% rise in its profit for the January-March period and cut its profit view for the current fiscal.Its quarterly net profit climbed to EUR1.01 billion from EUR904 million, while revenue dropped 7%.Its orders climbed 20% to EUR21.5 billion in the quarter.Siemens shares closed at $103.74 yesterday.

27% profit 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!