Expectations From Google's I/O Conference This Year


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.


Google Inc (NASDAQ: GOOGL)’s annual I/O Conference starts on Thursday, where the company will be showcasing the new technology and products it has been working on.

 

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Jeremy Rosenberg, Head of Digital at Allison+Partners, was on CNBC Wednesday to discuss what investors and developers can expect from the conference this year.

 

The Expectation

 

“I think that there’s going to be new OSs coming out,” Rosenberg said. “We have talked or we have heard a lot about chrome update, we have heard a lot about Android updates, we have heard a lot about Android wear and Internet of Things which is still very much of an x-factor.”


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He continued, “Everybody is jumping on this thing. They have got Nest in their pocket, they have got the cars going. So there’s definitely a lot of connected devices happening. It’s really going to be exciting what they are going to do with all that stuff.”

 

Virtual Reality

 

Rosenberg was asked if he is expecting any big announcement from Google related to virtual reality (VR). He replied, “I think on the VR side, it’s a big crowd pleaser, it always is. People love the wow factor of it, people love seeing things that you just couldn’t do a year before or two years before, things like Carboard was a big debut. Obviously there’s going to be lot of those kinds of things.”

 

“I think Google Glass goes back to that as well, whether that ends up being something that is in the hands of a consumer anytime soon, that’s always the big game. We really don’t know when that’s going to happen, yet we haven’t turned the corner on VR yet, augmented reality is still kind of in its early stages, even though its been around for many years, still hasn’t caught on in a big way,” Rosenberg concluded.


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.


Posted In: CNBCMedia