UPDATE: Family Dollar Posts Upbeat Q3 Profit, Narrows Earnings Outlook


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.


Family Dollar Stores (NYSE: FDO) reported a drop in its third-quarter profit. Family Dollar's quarterly profit declined to $120.94 million, or $1.05 per share, versus $124.54 million, or $1.06 per share, in the year-ago period. Its revenue climbed 9% to $2.57 billion from $2.36 billion. However, analysts were estimating earnings of $1.03 per share on revenue of $2.57 billion.Family Dollar narrowed its full-year earnings forecast to $3.77 to $3.82 per share, versus its earlier view of $3.73 to $3.93 per share.Family Dollar shares gained 2.86% to $65.75 in pre-market trading.

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.


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!

Posted In: EarningsNewsGuidanceprofit