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.
About 20% of American TV consumption is now done by streaming, according a new report from Nielsen that also says Netflix Inc (NASDAQ:NFLX) remains the top way customers stream their entertainment.
The percentage of TV watching that is now done through streaming has almost doubled since 2018, according to the new Nielsen February Total Audience Report.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
How People Are Streaming
According to an Axios report on the latest Nielsen data, almost a third of streamers are watching content on Netflix, followed by YouTube at 21% and Walt Disney Co's (NYSE:DIS) Hulu at 12%. The Amazon Prime service from Amazon.com, Inc. (NASDAQ:AMZN) gets another 8% of viewers. The data also show, however, that almost half of viewers subscribe to three or more streaming services, while about 60% subscribe to at least two. Only 10% subscribe to four or more.
The company breakout may change in the coming months with several new entrants into the market that have only recently gone on line, including Disney+ and the Apple+ service from Apple Inc. (NASDAQ:AAPL).
See Also: Disney Is Now Officially Netflix's Biggest Problem And Yet Another Friend To Roku
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Axios reported that while younger viewers spend the most time streaming, the new way of watching isn't just a young people thing. Nearly 90% of those over 65 also subscribe to at least one streaming service, according to Nielsen.
While the news may be good for Netflix, it follows a note from analysts at Needham, also based on Nielsen Total Audience Report data, that said the subscription-based streaming model, on which Netflix depends, is losing ground to advertising-based video on demand (AVOD) services.
Needham said Roku Inc. (NASDAQ:ROKU) is the “winning aggregator” in the U.S. of SVOD and AVOD services.
Podcasting Also Growing
In a separate report, Nielsen reported that podcasting is now growing at a rate of 20% a year, and the podcast audience could double by 2023.
Nielsen: Podcast Listening On Track To Double By 2023. | https://t.co/ku1R0lYiAM
— InsideRadio (@InsideRadio) February 12, 2020
Photo by Caspar Camille Rubin on Unsplash
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.