UPDATE: Elbit Systems Posts Upbeat Q1 Profit - Elbit Systems (NASDAQ:ESLT)

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.

Israel's Elbit Systems (NASDAQ: ESLT) reported better-than-expected first-quarter earnings.Elbit posted its quarterly earnings of $1.22 per share, excluding one-time items, unchanged versus the year-ago period.Its revenue surged to $682.6 million versus $680.2 million. However, analysts were expecting earnings of $1.07 per share on revenue of $697.2 million.At the end of March, Elbit's backlog of orders increased to $6.06 billion, versus $5.78 billion in the year-ago period.Elbit shares dropped 0.68% to $61.75 in after-hours trading.

27% profit every 20 days?

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