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.
Shares of BlackBerry Ltd (NASDAQ: BBRY) are slightly up on Wednesday afternoon. The surge may be attributed to an article published on JuJiaoBa.com (in Chinese, but translatable through Google Chrome), which suggests that Huawei might be interested in acquiring the company.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Huawei And BlackBerry
The rumors about the Chinese company's interest in BlackBerry (and in Nokia Corporation (ADR) (NYSE: NOK), as well) have beenWant Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Positives For BlackBerry
Apparently, the idea behind this deal is to provide BlackBerry with wider access to the Chinese market, and Huawei, with an OS and a better position to impose itself as the “government favorite” (in terms of what devices government officials use).The note also points out that Lenovo Group Limited (ADR) (OTC: LNVGY) may take a big hit from this acquisition, which might hurt its position in both enterprise and government markets.
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.