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 Qualys Inc (NASDAQ: QLYS) were down about 6.5 percent in Monday’s after-hours session. The company posted EPS of $ 0.21, $0.04 above the Street’s consensus, on revenue of $ 44.45 million, in line with expectations. It seems what was driving the stock down was weak guidance provided by management.
Qualys anticipates first quarter adjusted earnings of $0.14 to $0.16 per share on revenue in the $44.7 million to $45.4 million range. The Street is currently modeling earnings of $0.17 per share on sales of $45.92 million.
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Waste Connections, Inc. (NYSE: WCN) was also down slightly on its earnings call. The mid-cap integrated municipal solid waste services company delivered earnings of $0.49 per share on revenue of $531.94 million, beating the Street’s consensus of $0.47 per share and $522.52 million. Management announced a regular quarterly cash dividend of $0.145 per share, payable March 15 to stockholders of record on the close of business on March 1.
DISH Network Corp (NASDAQ: DISH) was up 4 percent after the bell rang on what seems to be no particular news. The surge may be a correction of the 7.22 percent decline that the stock experienced over the day.
Two more stocks that were trading up more than 4 percent on Monday afternoon were NRG Energy Inc (NYSE: NRG) and Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), both recuperating the ground lost during the regular session.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.