UPDATE: U.S. Bancorp Posts In-Line Q1 Earnings


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.


U.S. Bancorp (NYSE: USB) reported a 2.2% drop in its first-quarter earnings.U.S. Bancorp's quarterly profit slipped to $1.4 billion, from a year-ago profit of $1.43 billion. Its per-share earnings came in flat at $0.73. Its revenue declined 1.2% to $4.81 billion. However, analysts were expecting earnings of $0.73 per share on revenue of $4.8 billion. U.S. Bancorp shares gained 0.78% to $41.33 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