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.
Late Tuesday, several Alphabet Inc. (NASDAQ:GOOG) Google employees were reportedly arrested and placed on administrative leave following staging 10-hour sit-ins at offices in New York and Sunnyvale, California, to protest the $1.2 billion cloud contract with Israel.
The pro-Palestinian employees, who are affiliated with a group called No Tech For Apartheid, posted several videos and live streams of the protests, which included the moment they were issued final warnings and arrested by local police for trespassing, reported New York Post.
The protesters demanded the company’s withdrawal from the $1.2 billion “Project Nimbus” contract — in which Google Cloud and Amazon Web Services provide cloud-computing and artificial intelligence services for the Israeli government and military.
Read: Google’s Growth Ignited by AI and Premium Video Ads, Analyst Predicts Brighter Future
Notably, the workers took over Google Cloud CEO Thomas Kurian’s office in Sunnyvale by wearing traditional Arab headscarves.
The police arrested a total of nine protesters, and the employees who participated in the protest are already facing disciplinary action.
As per the report, a Google spokesperson said the protests “were part of a longstanding campaign by a group of organizations and people who largely don’t work at Google.”
“Physically impeding other employees’ work and preventing them from accessing our facilities is a clear violation of our policies, and we will investigate and take action.”
The report quoted an NYPD spokesperson, who said the protest “involved approximately 50 participants” in total and confirmed “four arrests were made for trespassing inside the Google building.”
Investors can gain exposure to the stock via ETF Opportunities Trust T-Rex 2X Long Alphabet Daily Target ETF (BATS:GOOX) and IShares Global Comm Services ETF (NYSE:IXP).
Price Action: GOOG shares are up 0.94% at $157.46 on the last check Wednesday.
Photo via 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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