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.
Buckle Inc (NYSE:BKE) reported a fourth-quarter FY23 sales decline of 4.8% year-on-year to $382.4 million, missing the analyst consensus estimate of $383.634 million.
Comparable store net sales decreased 9.6%. Online sales declined 12.4% to $65.5 million.
Gross profit for the quarter fell 6.1% to $200 million with a gross margin of 52.4%.
Operating expenses for the quarter increased 0.5% to $103.7 million.
Operating income decreased 12.2% to $96.5 million with an operating margin of 25.2%.
EPS of $1.59 beat the analyst consensus estimate of $1.44.
Buckle held $290.4 million in cash and equivalents as of February 3, 2024.
Price Action: BKE shares closed lower by 1.28% at $37.66 on Thursday.
Photo via Wikimedia Commons
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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