UPDATE: AutoZone FQ1 Profit Increases 7.2% - AutoZone (NYSE:AZO)

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.

AutoZone (NYSE: AZO) reported a 7.2% rise in its fiscal first-quarter earnings.AutoZone's quarterly profit surged to $218.1 million, or $6.29 per share, from a year-ago profit of $203.5 million, or $5.41 per share. Its revenue rose 5.1% to $2.09 billion. However, analysts were projecting earnings of $6.28 per share on revenue of $2.1 billion. AutoZone's gross margin widened to 51.9% from 51.8%, while domestic same-store sales increased 0.9%.AutoZone shares closed at $457.34 yesterday.

27% profit every 20 days?

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