July 22, 2014 5:42 PM | 1 min read |
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.
According to the WSJ, Google tried to buy music-streaming service Spotify AB late last year, but talks broke down for a number of reasons, including the high price Spotify was asking and Google Chief Executive Larry Page's overall lack of enthusiasm for subscription entertainment services.In a note to the SEC in December, Google said that it had "pursued but discontinued a potential buyout of a foreign company, with a valuation estimated in the range of $4 to $5 billion." Google executive Susan Wojcicki, who left Google in February to take the top job at YouTube, was a primary advocate for making the deal. Both Spotify and Google have declined to comment.Pandora is trading up 1 percent after hours, at $27.59Google is currently changing hands at $593.61, down 0.2 percent
Link to WSJ Story Here
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.
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