April 24, 2014 5:06 PM | 1 min read |
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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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.
(NYSE: P) are getting hammered, down six percent to $26.48 after reporting first quarter earnings.The company reported earnings per share of $(0.13) versus the estimated loss of $0.14. GAAP total revenue was $193.4. Non-GAAP revenue came in at $180.1 million versus the analyst estimate of $174.96 for a 54 percent increase year over year.Advertising revenue increased 45 percent year over year to $140.6 million. Non-GAAP subscription and other revenue came in at $39.5 million, a 94 percent increase year over year.Total listener hours grew 12 percent year over year to 4.8 billion. For the second quarter, Pandora is expecting $213 to $218 million in revenue and non-GAAP earnings per share is expected to be between $0.00 and $0.03.The company expects full year 2014 earnings per share in the range of $0.14-0.18 versus analyst estimates of $0.16. 2014 sales are expected in the range of $800-900 million versus $892.30 million analyst estimates.“Our strong first quarter results demonstrate Pandora's deep listener engagement, accelerating monetization, and increasing leverage in our business model. Looking ahead, we will continue to invest aggressively to extend our leadership position and drive forward the future of radio,” said President, Chairman, and Chief Executive Officer Brian McAndrews.
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