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.
- Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google sought a federal judge order on Microsoft Corp (NASDAQ:MSFT) to hand over internal documents from certain executives to defend a Justice Department's monopoly lawsuit, Bloomberg reported.
- Google served a subpoena to Microsoft over three months ago, seeking documents regarding Microsoft's Bing search engine and its Internet Explorer and Edge as per a Reuters report.
- Google alleged that Microsoft refused to search the files of 19 executives relevant to Google's defense. Microsoft is a crucial player in the DOJ lawsuit, which alleged Google was abusing its internet search dominance.
- The government accused Google of illegally using its market clout to thwart competition from Microsoft's Bing search engine.
- Google reasoned that some documents might clarify whether Microsoft restrained from competing with Google or failed to compete successfully.
- Microsoft argued Google's request for documents was unreasonable and burdensome. It reportedly offered to collect documents from 27 individuals. However, Google requested information for an additional 28, for a total of 55.
- The companies recently ended an almost six-year treaty to prevent open warfare between the rival Big Tech companies.
- Price action: GOOG shares traded lower by 1.03% at $2,702.81, and MSFT shares traded lower by 0.70% at $284.49 on the last check Friday.
- Photo by Firmbee from Pixabay
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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