July 16, 2013 10:14 PM | 1 min read |
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.
(NASDAQ: IBKR) released its fiscal second-quarter earnings results after the closing bell on Tuesday. The company reported both earnings per share and revenue that was below Wall Street consensus. In late trade, the stock was last down a little more than 2 percent to $16.46.
Q2 Results Interactive Brokers reported net income of $10.3 million or $0.21 per share, compared to $7.9 million or $0.17 per share, in last year's corresponding quarter. This compared to Wall Street analysts' consensus EPS estimates of $0.22. Total revenue fell to $283.9 million from $260.9 million last year. This also missed Wall Street revenue estimates of $320.93 million.
Related:What to expect from eBay's earnings report tomorrow.
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.
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