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.
MongoDB Inc (NASDAQ:MDB) shares are trading higher Tuesday following strong earnings results from Datadog Inc (NASDAQ: DDOG).
DDOG Q3 Earnings: Datadog said third-quarter revenue increased 25% year-over-year to $547.536 million, which beat analyst estimates of $524.125 million, according to Benzinga Pro. The cloud company reported earnings of 45 cents per share, which beat estimates of 34 cents per share.
Datadog said it expects fourth-quarter revenue to be between $564 million and $568 million versus estimates of $543.39 million. The company sees fourth-quarter earnings in a range of 42 cents to 44 cents per share versus estimates of 35 cents per share.
Datadog expects full-year revenue to be between $2.103 billion and $2.107 billion versus estimates of $2.06 billion. The company expects full-year earnings to be between $1.52 and $1.54 per share versus estimates of $1.33 per share.
"Companies across all industries and sizes are building cloud applications and services to deliver positive business outcomes," said Olivier Pomel, co-founder and CEO of Datadog.
Datadog shares were up nearly 29% at publication time. MongoDB shares were last up 13.1% at $376.01. Both Datadog and MongoDB are data cloud providers.
Read Next: What's Going On With Intel Stock Tuesday?
Photo: Web Summit from Flickr.
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.
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