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.
Amazon warehouse workers in Alabama are voting on whether to unionize, and the standoff has led to a Twitter feud between Amazon.com, Inc. (NASDAQ:AMZN) and two Democratic senators.
- Amazon on Friday shot back at U.S. senators Bernie Sanders and Elizabeth Warren for their criticism of the company amid the union campaign.
- Amazon responded to Warren after the senator accused the company of using tax loopholes: "You make the tax laws @SenWarren; we just follow them. If you don't like the laws you've created, by all means, change them. Here are the facts: Amazon has paid billions of dollars in corporate taxes over the past few years alone."
- Warren replied, "I didn't write the loopholes you exploit — your armies of lawyers and lobbyists did." She added, "You bet I'll fight to make you pay your fair share. And fight your union-busting. And fight to break up Big Tech so you're not powerful enough to heckle senators with snotty tweets."
- Earlier, Warren had criticized Amazon, saying it exploits "loopholes and tax havens to pay close to nothing in taxes. There's a growing mountain of evidence pointing out how Amazon pays very little in taxes compared to its annual sales and profits."
- Amazon also slammed Sanders, who was at the company's Alabama plant on Friday to support workers. During a rally, Sanders attacked Amazon and founder Jeff Bezos, saying: "Why, when you have so much money — more money than can be spent in a million lifetimes — why are you spending millions trying to defeat an effort on the part of workers here who want nothing more than decent wages, decent benefits, decent working conditions?"
- Responding to Sanders, Amazon tweeted, "There's a big difference between talk and action. @SenSanders has been a powerful politician in Vermont for 30 years, and their min wage is still $11.75. Amazon's is $15, plus great health care from day one. Sanders would rather talk in Alabama than act in Vermont."
- The fight between Amazon and members of Congress leaders didn't end there. Representative Mark Pocan, Democrat of Wisconsin, tweeted at Amazon this week that a $15 wage alone doesn't make a good workplace "when you union-bust & make workers urinate in water bottles."
- Amazon responded to Pocan by tweeting, "You don't really believe the peeing in bottles thing, do you? If that were true, nobody would work for us."
1/3 You make the tax laws @SenWarren; we just follow them. If you don't like the laws you've created, by all means, change them. Here are the facts: Amazon has paid billions of dollars in corporate taxes over the past few years alone.
— Amazon News (@amazonnews) March 26, 2021
Employees of the company's Alabama plant are voting in a mail-in election on whether to unionize. The vote is scheduled to end on Monday.
Photo courtesy Amazon.
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.
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