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.
Omnicom Group (NYSE: OMC) released their second quarter earnings Thursday morning for the three month period ended June 30th. EPS came in at $1.09, beating the analyst consensus by 0.93 percent. Conversely, revenue missed estimates by 12 million at 3.65 billion.
This is a 2.4 percent increase in net income and 2.5 percent jump in revenue year over year. Omnicom noted that domestic growth slightly outpaced international growth.
Related: Omnicom Second Quarter Press Release
During the quarter, Omnicom Group declared a dividend of $0.40, up from the $0.30 dividend in the same period last year. The dividend was paid last Thursday.
Shares are unmoved in the premarket and look to open near $66.77.
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.
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!