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.
- News Corp (NASDAQ:NWS) (NASDAQ:NWSA) believed the China government was behind a recent hack of its computer systems, Bloomberg reports.
- News Corp disclosed an unnamed cloud service used by News Corp was the “target of persistent cyberattack activity.”
- The company discovered “attack activity” on Jan. 20 on a system used by several businesses, affecting a “limited number” of email accounts and documents that affected Dow Jones, News UK, and the New York Post.
- David Wong, vice president of consulting at the cybersecurity firm Mandiant Inc, which is assisting News Corp with its investigation, said his firm believes the attacks “have a China nexus.”
- “We believe they are likely involved in espionage activities to collect intelligence to benefit China’s interests,” he said.
- Price Action: NWS shares traded lower by 0.71% at $22.38 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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