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.
On Monday afternoon, Kevin O'Leary explained why he increased his equity stake in Zoom Video Communications, Inc. (NASDAQ:ZM).
O’Leary believes Zoom is the main source of virtual work and class meetings.
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"Zoom is becoming a standard for meeting use," O’Leary said on CNBC's "Halftime Report."
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O’Leary believes Zoom is the leading company in the virtual meeting industry due to its integrations and developments. He also mentioned how he believes the company will have a standard for people to start paying for a membership.
"Zoom has pricing power and when a company has pricing power, I buy equity in it," said O'Leary.
Zoom's stock traded around $498 at publication time.
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.