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.
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) shares are trading higher by $1.64 at $71.81 in Wednesday's session.
The catalyst for the rally is a Q1 adj. EPS beat of 6 cents along with a sales beat of $4.25 million. The Street doesn't appear to be concerned with its slightly lower FY 2017 sales and net income guidance.
After a lower open, Dave & Buster's immediately bottomed at $67.90 and began to move higher. The swift rebound off that low easily surpassed its former all-time high that was made in Tuesday's session at $70.42, so far reaching $72.93.
Since making that high, the stock has fallen back into the mid-$71.00 handle.
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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