27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- Silicon Valley and House Oversight Committee Democrat Ro Khanna sought to unwind Facebook Inc’s (NASDAQ:FB) Instagram and WhatsApp acquisitions and more vigorous antitrust enforcement and privacy regulations, Bloomberg reports.
- Khanna cited AT&T Inc’s (NYSE:T) and Standard Oil Co’s breakups as precedents.
- In Dec., the U.S. Federal Trade Commission, which reviewed and approved Facebook’s Instagram and WhatsApp acquisitions in 2012 and 2014, respectively, filed a lawsuit seeking to split the companies.
- Khanna also endorsed Minnesota Senator Amy Klobuchar’s bill, which compelled the technology companies to prove the takeover’s anti-competitiveness.
- Last week, Democrats led by Representative David Cicilline introduced legislation to force Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), and other giants to divest or exit critical businesses.
- Khanna also sought guidelines to regulate platform content alluding to Facebook and Twitter Inc (NYSE:TWTR).
- Khanna also emphasized more robust privacy and antitrust regulations.
- Khanna’s proposal, first introduced in 2018, sought net neutrality, which forbade broadband providers from content favoritism, protection against mass government surveillance, and higher control over individual data.
- Price action: FB shares closed higher by 0.24% at $337.58 in the premarket session on the last check Monday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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