November 25, 2014 4:50 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.
Nimble Storage Inc. (NYSE: NMBL) beat expectations for the recent period Tuesday on revenue growth of 77 percent but said its fourth-quarter loss will be wider than expected.In the extended session recently, Nimble was nearly unchanged at $26.51 a share. The stock is off more than 40 percent in the year to date.The San Jose, Calif., storage-platform provider predicted a fourth-quarter adjusted loss of $0.14 cents to $0.15 cents a share, on revenue of $65 million to $67 million.Wall Street expects a fourth-quarter adjusted loss of $0.13 cents a share, on revenue of $64.3 million.In the recent third quarter, Nimble's loss widened to $28.4 million, or $0.39 cents a share, from a year-earlier loss of $10.1 million, or $0.48 cents a share.The company's recent adjusted loss equaled $0.15 cents a share, while third-quarter revenue increased to $59.1 million, from $33.4 million a year earlier. Wall Street expected an adjusted loss of $0.16 cents a share, on revenue of $57.75 million.
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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