April 9, 2014 5:15 PM | 1 min read |
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.
After the bell Wednesday,
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.
(NASDAQ: BBBY) reported results for the fourth quarter of 2013 ended March 1, 2014. Shares of the company are down five percent in after hours trading, after investors weren't feeling too optimistic regarding the company's results. The retailer reported net earnings per diluted share of $1.60 for the fourth quarter or $4.79 for the full year. Bed Bath & Beyond also had quarterly comparable store sales increase by approximately 1.7 percent, this compares to an increase of 2.5 percent in last year's fiscal fourth quarter. Net sales for the fiscal fourth quarter of 2013 stood at $3.203 billion, a decrease of 5.8 percent from net sales of $3.401 billion In addition, the company announced that during the fiscal fourth quarter of 2013, the company repurchased about $532 million in stock, which was approximately $7.5 million shares. Bed Bath & Beyond is modeling net earnings per diluted share to be $0.92 to $0.96 for the first quarter of 2014. As of March 1, 2014, the company has 1,496 total stores.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.