May 21, 2015 8:18 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.
(NYSE: BKE) reported downbeat results for the fiscal first quarter on Thursday.The Kearney, Nebraska-based company posted a quarterly profit of $33.6 million, or $0.70 per share, versus $37.3 million, or $0.78 per share, in the year-ago quarter.Its revenue slipped 1 percent to $271.3 million from $271.7 million. However, analysts were expecting a profit of $0.70 per share on revenue of $273.51 million.The average estimate among 3 Estimize users was for earnings of $1.09 per share and revenue of $325.86 million.Its comparable store net sales for the quarter dropped 2.2 percent. Online sales rose 12.9 percent to $24.2 million, from $21.4 million in the year-ago quarter.Buckle shares fell 0.34 percent to close at $44.10 yesterday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.