Here's Why VEON Shares Are Up Over 11% Today


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.


  • Converged connectivity and online services provider VEON Ltd (NASDAQ:VEON) conducted a competitive sales process concerning its Russian operations.
  • VEON's management weighed options to ensure an optimal outcome for all relevant stakeholders, including VEON, its Russian operations, its shareholders, its creditors, its customers, and employees working both in and outside Russia.
  • VEON reported second-quarter FY22 revenue growth of 5.6% year-on-year to $2.01 billion.
  • Total service revenue grew 7.1% Y/Y to $1.89 billion.
  • Mobile data revenue rose 11.6% Y/Y.
  • The 4G subscribers increased 19.2% Y/Y to 101.9 million.
  • Price Action: VEON shares traded higher by 11.10% at $0.39 on the last check Wednesday.

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.


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!

Posted In: NewsPenny StocksAsset SalesSmall CapMoversTrading IdeasBriefswhy it's moving