Big Tech Lobby Groups Challenge Florida's New Tech Law: Reuters


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.


  • Internet lobbying groups NetChoice and Computer & Communications Industry Association (CCIA), including members like Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), and Alphabet Inc’s (NASDAQ:GOOGL) Google filed a lawsuit against Florida’s new law that barred the big social media companies from banning political candidates, Reuters reports.
  • The groups justified the First Amendment’s protection of social media platforms’ hosting and content moderation rights based on their business models.
  • The new law will make it easier to prosecute tech companies.
  • Interestingly, it also exempted companies that owned and operated theme parks or entertainment venues of over 25 acres, like The Walt Disney Co’s (NYSE: DIS).
  • Price action: FB shares traded lower by 0.53% at $330.97, TWTR shares traded higher by 0.40% at $58.31, and GOOG shares traded higher by 0.59% at $2,416.88 on the last check Friday.

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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Posted In: GovernmentNewsRegulationsLegalTechMediaBriefsReuters