January 27, 2015 6:38 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.
Juniper Networks (NYSE: JNPR) gained in Tuesday's extended session after posting results that beat profit expectations even as revenue fell 14 percent.The Sunnyvale, California network infrastructure company changed hands recently at $22.89, up nearly 5 percent.Juniper swung to a fourth-quarter net loss of $769.6 million, or $1.81 a share, from year-earlier profit of $151.8 million or $0.30 cents a share. Adjusted fourth-quarter income was $0.40 cents a share, down 5 percent from a year earlier, and excluding an $850 million impairment charge related to its security reporting unit. Revenue for the recent period fell to $794 million, from $973.5 billion a year earlier.Wall Street expected fourth-quarter earnings of $0.30 cents a share on $1.06 billion in revenue.Juniper forecast first-quarter adjusted income between $0.28 cents and $0.32 cents a share, on revenue of $1.02 billion to $1.06 billion.Wall Street projects earnings of $0.30 cents a share on revenue of $1.02 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.
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