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.
When asked about a rumor that Comcast Corporation (NASDAQ: CMCSA) bid for Netflix, Inc. (NASDAQ: NFLX), Telsey Advisory Analyst Tom Eagan told Benzinga that wouldn’t make sense to him, especially now when it’s already trying to get a deal with Time Warner Cable Inc (NYSE: TWC).
He explained that structurally, Comcast already has its pay-TV business, as well as NBC.
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Eagan also said Comcast would probably face regulatory issues from both the broadband side and the content side.
“I think both the FTC and the FCC wouldn’t like the transaction,” he said.
Comcast is trading slightly higher at $56.96, while Netflix is lower at $448.59.
Brianna Valleskey contributed to this report.
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.