February 25, 2015 8:31 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
(NASDAQ: RRD) reported stronger-than-expected earnings for the fourth quarter.The Chicago, Illinois-based company posted a quarterly profit of $19.5 million, or $0.10 per share, versus a year-ago profit of $104 million, or $0.56 per share. Excluding certain items, earnings climbed to $0.52 per share from $0.49 per share.Its net sales climbed 11.4% to around $3.1 billion. However, analysts were expecting earnings of $0.43 per on revenue of $3.13 billion.Non-GAAP adjusted EBITDA climbed 11.3% to $326.9 million in the quarter.Thomas J. Quinlan III, RR Donnelley's President and Chief Executive Officer said, "As we look ahead to 2015, we expect to build upon the success we are having with our four go-to-market strategies, and remain committed to migrating toward our targeted leverage range."For the full-year 2015, R.R. Donnelley projects sales of $11.7 billion to $11.9 billion, versus analysts' estimates of $11.72 billion.R.R. Donnelley shares gained 2.52% to close at $18.71 yesterday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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