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.
Western Digital Corp (NASDAQ: WDC) reported second-quarter results Thursday, just missing revenue targets but beating the Street on earnings.
Western Digital posted $3.3 billion in revenue, short of the $3.35 billion analysts sought. The company saw EPS rise to $1.60, up from $1.56 in the first quarter. Analysts expected a decline to $1.46.
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A year ago, Western Digital's EPS sat at $1.84.
The company paid a cash dividend of $0.50 a share on January 15.
"Despite a lower-than-expected hard drive total available market, we reported revenue and EPS within our guidance range," said CEO Steve Milligan. "We continue to execute well as we manage our business within an increasingly challenging global economic environment."
Shares of Western Digital were up about 1.1 percent in pre-market action Friday.
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.