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.
Global music icon Taylor Swift is making waves in the entertainment industry, not just with her chart-topping tracks, but now with her "Eras Tour" film.
What Happened: Scheduled for a theatrical release on Oct. 13, 2024, the film's pre-sale tickets have set the cash registers ringing.
Following the release of the pre-sale tickets on Aug. 31, AMC Entertainment Holdings Inc (NYSE:AMC) experienced an unparalleled demand. In a mere span of three hours, sales skyrocketed to $26 million, The Verge reported.
The previous record of $16.9 million was held by "Spider-Man: No Way Home." Given the overwhelming response, AMC indicated the addition of more screenings.
During its run at AMC, the Eras Tour concert film will play at least four showtimes on Thursdays, Fridays, Saturdays and Sundays at every theater location in the U.S.
Last week, Swift posted on X that her concert series had been filmed and was set for a theatrical release in October 2024.
The Eras Tour has been the most meaningful, electric experience of my life so far and I’m overjoyed to tell you that it’ll be coming to the big screen soon Starting Oct 13th you’ll be able to experience the concert film in theaters in North America! Tickets are on sale now at… pic.twitter.com/eKRqS8C7d1
— Taylor Swift (@taylorswift13) August 31, 2023
Meanwhile, Fandango's single-day sales for 2023 saw the concert film rubbing shoulders with major franchises such as Marvel and Star Wars.
Jerramy Hainline, senior vice president at Fandango, expressed his astonishment, saying in a statement, “Not only is Taylor Swift’s concert film the best first-day ticket seller of the year on Fandango, but the concert film is performing like the superhero she is and ranking among the best first-day ticket sellers of all time from franchises like Marvel, Star Wars, DC Comics and more.”
Now Read: Intruder Alert: Man Enters Taylor Swift's Tribeca Home, Shares Why He Was Looking For Her
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock
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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