Yahoo To Fire 2,000, But Direction Still Unclear

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.

Yahoo on Wednesday said it's laying off 2,000 employees, saving the struggling Internet giant about $375 million a year as it tries to return to solid growth vs. rivals such as Google and Facebook. The cuts represent about 14% of its 14,100 workforce as of year-end. Some analysts say that'll be the end of job cuts for now, but others expect more layoffs. Some analysts have long considered Yahoo (YHOO) to be bloated, but observers say the cuts

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!