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.
Facebook (NASDAQ: FB) shares are spiking lower after the company announced the acquisition of LiveRail.
LiveRail is an advertising network that connects video publishers and marketers to fill advertising inventory on video content.
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Facebook commented on the transaction, “We’re just getting started with our partnership with LiveRail, but we’re very excited about the future for video publishers and marketers. We believe that LiveRail’s excellent product – known in the industry as a video supply-side platform or SSP – and Facebook’s expertise with relevancy, delivery and measurement will help us make video advertising much better for everyone.”
According to TechCrunch, LiveRail was on track for a $100 million run rate in the fourth quarter of 2013, meaning a purchase price could be in the hundreds of millions or billions of dollars.
Shares of Facebook were last trading at $66.54, down 2.2 percent.
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.