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 Domino's Pizza (NYSE:DPZ) moved higher by 2% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share increased 36.53% year over year to $2.99, which beat the estimate of $2.21.
Revenue of $920,023,000 up by 13.35% year over year, which beat the estimate of $909,240,000.
Outlook
Domino's Pizza hasn't issued any earnings guidance for the time being.
Domino's Pizza hasn't issued any revenue guidance for the time being.
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Price Action
Company's 52-week high was at $417.34
52-week low: $220.90
Price action over last quarter: Up 13.40%
Company Profile
Domino's is a leading player in the $84 billion global quick service pizza category with nearly 19% market share and 36% of delivery dollars spent. The company generates revenue through franchise royalties, company-owned stores, and sales from 27 dough-manufacturing and supply chain centers. Of the 17,100 stores in 85 markets around the world as of March 2020, 5,800 are operated by domestic franchisees, 10,900 by international franchisees, and 340 are company owned. Domino's posted $14.3 billion in systemwide retail sales in 2019.
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.