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.
Shares of SanDisk Corporation (NASDAQ: SNDK) fell over 10 percent Monday following disappointing preliminary Q4 results.
The company estimates that total revenue will be approximately $1.73 billion, lower than the previously forecasted revenue range of $1.80 billion to $1.85 billion. Analysts has estimated revenue at $1.84 billion.
The lower revenue was primarily due to weaker than expected sales of retail and iNAND products.
Non-GAAP gross margin for the fourth fiscal quarter is expected to be approximately 45 percent compared to the previously guided range of 47 percent to 49 percent.
SanDisk Corporation recently traded at $86.45, down 10.91 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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