November 25, 2014 9:23 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.
Pall (NYSE: PLL) reported better-than-expected results for the fiscal first quarter. The Port Washington, New York-based company posted quarterly earnings of $88.3 million, or $0.81 per share, compared to $71.5 million, or $0.63 per share, in the year-ago period. Excluding non-recurringitems, the company earned $0.89 per share.Its revenue climbed 10.6% to $696.5 million in the period. However, analysts were expecting earnings of $0.80 per share on revenue of $685.5 million.Total Life Sciences segment sales jumped 14% to $352 million, while Total Industrial segment gained 13% to $344 million in the quarter.Orders in the quarter gained 8% in the quarter.Larry Kingsley, Pall Chairman and CEO, said, “The dramatic strengthening of the U.S. Dollar, which began during our first quarter, will be a very significant earnings headwind for the year. However, our operating momentum provides us with confidence that we can largely offset FX and deliver a full year outlook consistent with our original guidance.”For the full year, Pall projects earnings of $3.75 to $3.95 per share.Pall shares closed at $94.69 yesterday.
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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