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 Monolithic Power Systems are up more than five percent after Monday's close following strong guidance. The company expects Q2 revenue from $91M to $95M vs the $91.5M estimate.
First quarter EPS was $0.45 vs $0.44 estimates and revenue was $84.5 million vs $83 million estimates.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Report Highlights
Cash and equivalents dropped to $77.81 million from $90.86 million in the quarter ended December 31.
Sales rose 14.9 percent year over year to $84.51 million.
Gross profit margin was flat at 53.85 percent year over year.
"We continue to grow, we continue to invest, and we continue to enhance shareholder value," said Michael Hsing, CEO and founder of MPS.
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.