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.
- Rupert Murdoch weighed merging his media empire, News Corp (NASDAQ:NWSA) and Fox Corp (NASDAQ:FOX), nearly a decade after the companies split.
- People familiar with Murdoch’s proposal said both companies could benefit from being more significant, the Wall Street Journal reported.
- The combined company would have more balance sheet strength to pursue acquisitions.
- The companies would be on a firmer footing to compete for digital-ad dollars, using the scale of their combined properties, people familiar with the proposal believe.
- The combined companies would have around $24 billion in revenue, CNBC reported.
- The companies could join forces in sports betting, a growing sector in which each side has interests, they added.
- The combined assets of News Corp and Fox could present a more robust offering to advertisers in a marketplace increasingly dominated by prominent tech players.
- Lachlan Murdoch, co-chair of News Corp and executive chair and CEO of Fox, would likely see a significant expansion of his responsibilities in a merger.
- Robert Thomson, the News Corp CEO, who has had a good working relationship with Lachlan Murdoch, could retain a significant role.
- Fox is a leaner company after selling significant entertainment assets to Walt Disney Co (NYSE:DIS) years ago. News Corp has struggled to lift its stock price, despite making strides in publishing and digital real-estate units.
- There could be significant takeover interest in his media properties, dealmakers said. A giant company could make any unwanted takeover attempts more challenging.
- Some highlighted potential risks in mashing together the vastly different journalistic brands of Fox News and News Corp.
- Price Action: NWS shares traded higher by 2.51% at $16.36 in the premarket on the last check Monday. FOX shares are down 5.25% at $27.63.
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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