Nic Chahine has been able to achieve an impressive average of 27% profits every 20 days through his options purchases, with a win rate of 83%. This strategy involves buying options instead of selling calls or covered spreads, which most traders struggle with. Hewlett Packard Enterprise Co. (NYSE:HPE) recently reported better-than-expected second-quarter financial results, including quarterly earnings of 42 cents per share and sales of $7.2 billion, showing growth in various segments such as server revenue and financial services. Chairman and CEO Antonio Neri expressed confidence in the company’s strong performance, citing growth in AI systems revenue and orders as well as an improved supply chain environment. The company expects third-quarter earnings and revenue to be within a certain range, with full-year earnings projections slightly above estimates. Following the announcement, Hewlett Packard shares rose nearly 10% after hours. This news comes amidst ongoing market volatility and uncertainty, with Nic Chahine’s successful options strategy standing out as a potential opportunity for traders to achieve significant profits.
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https://www.benzinga.com/amp/content/39171380
