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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Q1 Expectations
The analyst is expecting the company to demonstrate progress on its transition toward a software and services company with diminished headwinds from Services Access Fees and early ramp of hardware royalties.
BlackBerry is expected to report revenue of $248 million and an adjusted net loss per share of $0.01, the analyst stated. By comparison, consensus estimate is calling for BlackBerry to report revenue of $265 million and an adjusted EPS of $0.00.
Beyond Q1
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Yet despite expectations for continued momentum, Kim isn't recommending buying the stock for two reasons. First, investors should wait for higher growth inflection and adoption of the company's new solutions and at that point can become more constructive on the stock given higher visibility on growth initiatives.
Second, as it stands now, the stock is trading at a valuation that merely offers a balanced risk to reward profile.
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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.