October 6, 2015 7:11 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.
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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: PEP) gained over 2 percent in pre-market trading after the company reported better-than-expected results for its third quarter on Tuesday. The Purchase, New York-based company posted quarterly net income of $533 million, or $0.36 per share, compared to $2 billion, or $1.32 per share, in the year-ago period. Excluding items, the company's core earnings came in at $1.35 per share.Its revenue slipped 5 percent year-over-year to $16.33 billion, while organic revenue jumped 7.4 percent. Analysts were expecting earnings of $1.26 per share on revenue of $16.15 billion.The average estimate among 69 Estimize users was for earnings of $1.29 per share and revenue of $16.27 billion.Gross margin increased 115 basis points in the quarter."We are pleased with our performance for the third quarter of 2015. Despite ongoing volatility in many of our key international markets, we delivered strong organic revenue growth, gross margin expansion and double-digit core constant currency EPS growth," said Chairman and CEO Indra Nooyi.For the full year, the company projects core constant currency EPS growth of 9 percent, versus earlier forecast of 8 percent growth.PepsiCo shares rose 2.88 percent to $98.57 in pre-market trading.
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