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.
- Sony Group Corp (NYSE:SONY) plans to produce about two million units of PlayStation VR2 headsets by March 2023.
- The virtual reality goggles production began in September 2022 and has cruised through without being affected by the supply chain problems, Bloomberg reported.
- The company expects the demand for PSVR2 to be robust compared to its preceding offering, VR goggles for PlayStation 4.
- Users will need a PlayStation5 console to use the VR headset.
- Sony is yet to come out with an official price or release date for the PSVR2.
- Also Read: How Bill Gates Almost Killed Xbox: 'This Is An Insult To Everything I've Done'
- The VR sector is still an uncracked territory for companies, amidst the economic slowdown and a surge in materials costs following Russia's invasion of Ukraine, making matters worse.
- The other major players in the area include HTC Corp and Oculus, a part of Meta Platforms Inc (NASDAQ:META).
- Price Action: SONY shares closed lower by 1.57% at $64.05 on 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.
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!