February 1, 2011 8:55 AM | 1 min read |
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.
Goldman Sachs has published a research report on CommVault Systems, Inc. (NASDAQ: CVLT) after the company reported 3Q revenues that beat analyst expectations and were higher overall than this time in 2010.In the report, Goldman Sachs writes that "CommVault reported 3QFY11 revenues of $84 mn (up 18% year over year), ahead of our/Street estimates of $79/$78 mn. Upside to our estimates came on the license line at $42 mn vs. our/Street estimates of $37/$38 mn, up 19% yoy. Non-GAAP operating margin of 18.0% exceeded our 17.3% estimate, resulting in non-GAAP EPS of $0.22, above our/Street estimates of $0.20/$0.21. On the balance sheet, deferred revenue of $103 mn was in line with our/Street estimates of $103/$102 mn (up 6% sequentially). DSO was 71 vs. 66 a year earlier and 63 in the previous quarter. Cash flow from operations came in at $10 mn, a little below our estimate of $14 mn."Goldman Sachs maintains its Neutral rating on CommVault Systems, which closed yesterday at $30.89.
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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