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.
Zoom Video Communications Inc (NASDAQ:ZM) announced Wednesday the availability of its video conferencing services on smart displays made by major companies.
What Happened
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!
Zoom users would be able to access the video conference service on smart displays such as Facebook Inc’s (NASDAQ:FB) Portal, Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Next Hub Max, and Amazon.com, Inc’s (NASDAQ:AMZN) Echo Show beginning later this year, the company said in a statement.
Facebook Portal users in select regions can begin using the service in September, while other smart display users can do so by late fall, according to Zoom.
Those using Google and Amazon devices would be able to use respective smart assistants to launch video conferencing.
Why It Matters
In July, the San-Jose based company launched a standalone $599 tablet-like device of its own that it said was aimed at employees grappling with a “new normal of work.”
The Mark Zuckerberg-led social media giant announced Wednesday it was also adding Zoom rivals LogMeIn, Inc’s (NASDAQ:LOGM) GoToMeeting, Verizon Communications Inc’s (NYSE:VZ) BlueJeans, and Cisco Systems, Inc’s (NASDAQ:CSCO) WebEx to Portal devices.
Price Action
Zoom shares closed almost 1.2% lower at $273.51 on Wednesday and fell nearly 0.2% in the after-hours session.
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.