April 14, 2015 9:11 AM | 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.
Shares of
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.
(NASDAQ: FAST) surged more than 3 percent in pre-market trading after the company reported better-than-expected earnings for the first quarter.The Winona, Minnesota-based company reported a quarterly profit of $127.6 million, or $0.43 per share, compared to a year-ago profit of $112 million, or $0.38 per share.Its sales gained 8.8 percent to $953 million. However, analysts were expecting a profit of $0.41 per share on sales of $955.19 million.During the first quarter, the company purchased 2,000,000 shares of common stock at an average price of around $40.93 per share.The average estimate among 23 Estimize users was for earnings of $0.43 per share and revenue of $980.25 million.Fastenal shares climbed 3.72 percent to $41.51 in pre-market trading.
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