27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Texas Roadhouse Inc (NASDAQ: TXRH) were up roughly 4 percent in Monday’s after-hours session, following the announcement of the company’s third-quarter financial results. The restaurant operator reported earnings of $0.29 per share on revenue of $438.09 million, missing the Street’s consensus estimate, which called for earnings of $0.31 per share on revenue of $441.39 million.
Fitbit Inc (NYSE: FIT) fell more than 8 percent despite having beat expectations. The fitness products maker delivered earnings of $0.24 per share on revenue of $409.26 million, well above the Street’s consensus of $0.10 per share and $358.66 million.
It seems like investors are not very happy with the company’s intention to file a registration statement for a follow-on public offering of its common stock.
Also falling on its earnings call is Qualys Inc (NASDAQ: QLYS), a small-cap cloud security and compliance solutions provider. The company beat expectations for earnings of $0.13 per share and revenue of $42.33 million, delivering earnings of $0.19 per share on revenue of $42.47 million. Results also came in ahead of guidance.
Shares of Qualys were down 13 percent after the bell rang.
Another decliner on Monday afternoon was Tenet Healthcare Corp (NYSE: THC), which lost 3.8 percent on its earnings call. The mid-cap healthcare services company reported earnings of $0.29 per share on revenue of $4.692 billion, missing the Street’s consensus of $0.30 per share and $4.677, but ahead of guidance, which called for EPS of $0.27. Management announced a "$500 million share repurchase program to be funded with proceeds from previously announced divestitures."
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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