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.
Jabil Circuit, Inc. (NYSE: JBL) rose sharply in Wednesday's extended session after the company beat first-quarter expectations and offered an outlook above Wall Street's views.
The company changed hands recently at $21.40, up more than 6.6 percent.
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Jabil predicted adjusted profits for fiscal 2015 of $1.85 to $2.15 a share, on revenue between $17.5 billion and $18.5 billion.
Analysts expect 2015 adjusted earnings of $1.79, on revenue of $17.17 billion.
For the recent period, Jabil's net earnings fell to $72.2 million or $0.37 a share, from $117.9 million, or $0.57 a share. But adjusted earnings grew to $0.55 a share, from $0.43 a share in the year-earlier period.
First-quarter revenue grew to $4.6 billion, from $4.3 billion.
Wall Street expected adjusted earnings of $0.48 on revenue of $4.34 billion.
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.