January 28, 2015 5:43 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.
Fortinet Inc. (NASDAQ: FTNT) fell in the extended session after the company posted a 43 percent decline in net income, although adjusted profit was in line with expectations.The Sunnyvale, California-based network security company traded recently at $30.75, down more than 2 percent.Fortinet didn't immediately provide an earnings outlook but said it's "continuing to invest for future growth and market share gains."Total fourth-quarter billings grew 35 percent to $282.7 million from $209.8 million a year earlier.Net income declined to $6.8 million, or $0.04 cents a share, from $12 million, or $0.07 cents a share last year.Adjusted income equaled $0.14 cents a share. while revenue grew 26 percent to $224 million from $177.4 million a year earlier.Wall Street expected earnings of $0.14 cents a share, on revenue of $211.16 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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