UPDATE: Sirius XM Posts Lower Q4 Profit


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.


Sirius XM Holdings (NASDAQ: SIRI) reported a drop in its fourth-quarter profit. Sirius XM's quarterly profit declined to $65.20 million, or $0.01 per share, versus a year-ago profit of $156.33 million, or $0.02 per share. Its adjusted earnings before interest, tax, depreciation and amortization came in at $1.17 billion. Its revenue climbed to $1.00 billion versus $892.42 million. However, analysts were projecting earnings of $0.02 per share on revenue of $983 million.Sirius XM shares declined 0.28% to $3.54 in pre-market trading.

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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Posted In: EarningsNewsprofit