UPDATE: Darden Posts Lower Q2 Profit


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.


Darden Restaurants (NYSE: DRI) reported a drop in its second-quarter profit. Darden's quarterly profit declined to $19.8 million, or $0.15 per share, versus a year-ago profit of $33.6 million, or $0.26 per share. Its revenue climbed to $2.05 billion from $1.96 billion. However, analysts were projecting earnings of $0.21 per share on revenue of $2.08 billion. For the FY14, Darden projects earnings to fall 15% to 20% versus the earlier year. It also Darden declared a dividend of $0.55 per share.Darden shares fell 1.74% to $52.00 in pre-market trading.

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!

Posted In: EarningsNewsGuidanceprofit