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.
TASER International, Inc. (NASDAQ: TASR) could face a short-squeeze if it presents investors with an upbeat earnings report Thursday.
The company closed Wednesday at $27.05, down 1.6 percent. Shares are up 70 percent since August.
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Short interest as of mid-February represented nearly 23 percent of Taser's 52.5 million shares outstanding.
Wall Street on average expects the company to post $0.11 a share on sales of $42.41 million.
But Taser has beaten consensus earnings expectations by double-digit percentages in each of the past four quarters.
The company continues to tout its camera business, issuing press releases on an almost weekly basis about sales contracts for the devices.
Cameras and video systems bookings increased 164 percent in the third quarter to $15.3 million.
But the company's weapons segment remains Taser's core operation.
In the third quarter, net sales increased 26 percent to $44.3 million. That included weapons segment growth of 26.5 percent to $40 million, and video segment growth of 21.5 percent to $4.3 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.