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.
Spirit Airlines Incorporated (NASDAQ: SAVE) came out with much better than expected fourth-quarter earnings on Tuesday, which sent the company’s shares soaring. The company posted a fourth-quarter EPS of $0.80, an increase of 43.2 percent year-over-year.
Spirit Airways President & CEO Ben Baldanza, discussed fourth-quarter profits onENTER TO WIN $500 IN STOCK OR CRYPTO
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Lots of Markets Added, Opportunities Still Ahead
Pricing Compression
In speaking on oil and gas prices and their influence on the airline industry, Baldanza continued, “The reality is oil is any airline's biggest input cost and that input cost has dropped a lot.“What that does is it makes it more economic for all airlines to charge some lower fares, especially to fill marginal capacity. That’s what we meant by the pricing compression comment [in our conference call].”
'You Can Use Every Plane You Can Get Your Hands On, Couldn’t You?'
When Cramer questioned Baldanza about the demand for more airplanes, Baldanza answered logically. “Well, although the reality is it’s such a long-term assets. We can’t think of too dramatically changing the fleet just based on short-term economics. So, when we buy plans, we got to think about the next 20 years, not just about the next two quarters.”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.