Shares of Cisco Systems, Inc. (NASDAQ: CSCO) were trading up more than 5.4 percent on Wednesday’s after hours session, following the announcement of the company’s second quarter fiscal 2016 financial results. The tech giant posted earnings of $0.57 per share on revenue of $ 11.927 billion, above the Street’s consensus of $0.54 and $11.755 billion. In addition, management announced it will add $15 billion to its share repurchase program, and boosted the stock’s dividend yield to 4.6 percent, or $0.26 per share -- payable on April 27 to shareholders of record as of April 6.
On the other hand, Twitter Inc (NYSE: TWTR) was down 5.3 percent since the bell rang, after reporting earnings of $0.16 per share, $0.04 higher than the Street expected, on revenue of $710.47 million, slightly above consensus of $709.24 million. Despite the positive results, the shares were tumbling on news that the social network’s monthly active users came in flat for the quarter – an average of 320 million monthly active users.
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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Finally, there’s Tesla Motors Inc (NASDAQ: TSLA) up more than 10.6 percent since the market closed. The electric vehicles maker posted an adjusted net loss of $(0.87) per share, substantially below the Street’s expectations for EPS of $0.07. Sales of $1.747 billion, compared to the Street’s consensus of $1.784 billion. So, why was the stock surging? Well, it seems like investors liked the guidance that management provided for 2016, which included deliveries of 80,000 to 90,000 new Model S and Model X cars in 2016.
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.