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.
Joby Aviation, Inc. (NYSE:JOBY) reported its fourth-quarter financial results after the bell Wednesday. Here's a look at the highlights.
Joby Aviation reported quarterly losses of 17 cents per share which beat the analyst consensus estimate of 19 cents by 10.53%.
The company reported quarterly sales of $1.03 million, missing the analyst consensus estimate of $1.05 million by 1.71%.
Joby highlighted its 2023 achievements including a definitive agreement with the government of Dubai that grants Joby exclusive rights to operate air taxis in the Emirate for six years, and a piloted-flight over New York City at a press conference hosted by Mayor Eric Adams.
Outlook: Joby said its priority in 2024 will be progressing the certification and manufacturing of aircraft and expects to increase our focus on commercialization as the company prepares to enter commercial service in 2025.
Joby estimates that its use of cash, cash equivalents and short-term investments during 2024 will range between $440 million and $470 million.
Related News: Intel To Manufacture Microsoft Chips, CEO Satya Nadella Says
JOBY Price Action: According to Benzinga Pro, Joby Aviation shares are trading up 0.41% after-hours at $6.10 at the time of publication.
Image: Dimitris Vetsikas from Pixabay
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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