September 25, 2014 7:20 AM | 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.
(NYSE: JBL) shares ticked upward in the extended session Wednesday after the company beat fiscal fourth-quarter expectations and offered a first-quarter outlook above the consensus.The St. Petersburg, Florida, company which provides manufacturing services to electronics companies, predicted first-quarter "core" earnings of $0.41 to $0.53 a share, on revenue of $4.2 billion to $4.4 billion. Wall Street expects $0.41 $4.11 billion.Jabil reiterated fiscal 2015 guidance calling for core earnings of $1.65 to $1.9 a share.In the recently ended period, Jabil swung to a loss of $26.2 million, or $0.13 a share, compared with year-earlier profits of $127 million, or $0.61 a share.Excluding items, core earnings equaled $0.05 a share compared with $0.46 a share a year earlier.Revenue fell to $4.1 billion, from 4.5 billion last year.Wall Street expected break-even results excluding items, on revenue of $3.83 billion.In after-hours trading Wednesday Jabil changed hands recently at $21.71 a share, up more than 4 percent.
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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