UPDATE: Walgreen Posts Downbeat FQ3 Earnings

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.

Walgreen Co (NYSE: WAG) reported a 16% rise in its fiscal third-quarter earnings.Walgreen's quarterly profit surged to $624 million, or $0.65 per share, from $537 million, or $0.62 per share, in the year-ago period. Excluding one-time items, its adjusted earnings came in at $0.85 per share. Its revenue rose 3.2% to $18.31 billion, while same-store sales climbed 1.4%. However, analysts were expecting earnings of $0.91 per share on revenue of $18.43 billion. Walgreen's gross margin widened to 28.5% from 28.2%.Walgreen shares dropped 6.18% to $45.11 in pre-market trading.

27% profit every 20 days?

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