Ashtead Posts Higher Q3 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.


U.K. company Ashtead Group PLC (OTC: ASHTF) reported a 54% gain in its Q3 pretax profit.Ashtead's quarterly pretax profit rose to 77.9 million pounds ($130.36 million), from GBP52.0 million, in the year-ago quarter. Its revenue climbed to GBP354.2 million versus GBP294.7 million, while underlying pretax profit jumped to GBP80.4 million from GBP53.5 million. Ashtead's diluted earnings per share rose to 9.7 pence.

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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Posted In: EarningsNewsPretax Profit