December 17, 2014 4:27 AM | 2 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.
Some of the stocks that may grab investor focus today are:Wall Street expects FedEx (NYSE: FDX) to report its Q2 earnings at $2.22 per share on revenue of $11.98 billion. FedEx shares rose 0.28% to $174.75 in after-hours trading.Darden Restaurants (NYSE: DRI) reported better-than-expected second-quarter results. Darden shares gained 2.29% to $57.19 in the after-hours trading session.Analysts are expecting Oracle (NYSE: ORCL) to have earned $0.68 per share on revenue of $9.52 billion in the second quarter. Oracle shares declined 0.07% to $40.60 in after-hours trading.Dave & Buster's Entertainment (NASDAQ: PLAY) announced upbeat financial results for its third quarter of 2014. Dave & Buster's shares climbed 9.06% to $23.59 in the after-hours trading session.Joy Global (NYSE: JOY) is estimated to report its Q4 earnings at $1.15 per share on revenue of $1.05 billion. Joy Global shares rose 0.30% to close at $46.05 yesterday.Analysts expect General Mills (NYSE: GIS) to report its Q2 earnings at $0.77 per share on revenue of $4.79 billion. General Mills shares gained 0.12% to $51.19 in after-hours trading.Ruby Tuesday (NYSE: RT) reported a 1% y/y drop in its same-store sales in the second quarter. Ruby Tuesday in October had expected same-store growth of between 1% and 2% for the period ended December 2. Ruby Tuesday shares slipped 3.94% to $7.80 in the after-hours trading session.Herman Miller (NASDAQ: MLHR) is projected to post its Q2 earnings at $0.52 per share on revenue of $562.57 million. Herman Miller shares surged 1.24% to close at $30.11 yesterday.American Apparel (NYSE: APP) fired its controversial founder Dov Charney. The company named Paula Schneider CEO effective January 5, replacing Scott Brubaker, who had served as interim CEO and who will continue as a consultant. American Apparel shares jumped 20.69% to $0.70 in the after-hours trading session.Analysts expect Jabil Circuit (NYSE: JBL) to post its Q1 earnings at $0.48 per share on revenue of $4.34 billion. Jabil Circuit shares gained 0.05% to close at $19.69 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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