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.
salesforce.com, inc. (NYSE: CRM) reports earnings this afternoon. Below is a live blog of the events.
The conference call is scheduled for 5:00pm EST.
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06:02:22pm: The conference call has concluded.
05:47:47pm: "Oracle Corporation (NYSE: ORCL) and SAP SE (ADR) (NYSE: SAP) have just not delivered."05:34:40pm: Benioff: The analytics market is bigger than the CRM market.05:32:22pm: Benioff: We want to give customers analytics, analytic ecosystems..."that's our [biggest] opportunity going forward."05:32:22pm: JPMorgan analyst asks: What else could "logically" fit into the portfolio in the future? Will Salesforce get into e-commerce?05:31:31pm: Q&A begins05:21:59pm: Last quarter, the number of eight-figure transactions increased by 30 percent from a year ago05:21:55pmWant Private Access to Benzinga Analyst?
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05:13:34pm: Benioff: We're set for another year of "strong operating cash flow" despite the FX headwinds "everyone is going through"
05:11:12pm: This is the fastest software company to reach $5 billion in annual revenue
05:09:55pm: Marc R. Benioff: "We had a monster quarter..."
04:22:22pm: Salesforce stock now up 8.8 percent after hours.
04:07:45pm: Salesforce Sees FY Adj. EPS $0.67-$0.69 vs $0.69 Est.
04:06:23pm: Salesforce.com Sees Q1 Adj. EPS $0.13-$0.14 vs $0.15 Est., Sales $1.485B-$1.505B vs $1.5B Est.; Sees FY Sales $6.475B-$6.52B vs $6.5B Est.
04:05:23pm: Salesforce.com Reports Q4 EPS $0.14 Vs Est $0.14, Sales $1.44B Vs Est $1.44B
Further Reading
- Exclusive: 2 Reasons Salesforce.com Will Beat Earnings, According To Wedbush
- Expert: Salesforce.com Investors Should Keep This In Mind
- DA Davidson On Salesforce.com: 'The Most Important Earnings Report in the History of SaaS?'
- A $127 Billion Opportunity Coming In Cloud Computing
- Dan Nathan Sees Unusual Options Activity In Salesforce
Image credit: Clive Darra, Flickr
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.