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.
The Street Real Money's Anders Keitz argued that while some Wall Street analysts continue to argue that Twitter Inc (NYSE: TWTR) is "ripe for a takeover," the company has been "trending lately;" however, these trends were "not all good news."
Keitz noted one of Twitter's chief rivals, Snapchat, surpassed the social media in terms of daily active users. In addition, reports surfaced on Tuesday that the company's head of consumer product, Jeff Seibert, was transferred to a new job, merely adding to the growing list of concerns among investors and analysts.
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!
Nevertheless, analyst at SunTrust continue to argue that it is "inevitable" Twitter will need to seek strategic alternatives and sell itself as soon as next year to a much larger internet peer such as Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Facebook Inc (NASDAQ: FB) or even Apple Inc. (NASDAQ: AAPL).
"We believe it is important not to get sucked into the speculation in the absence of a tangible offer or active, substantiated deal conversation(s)," Keitz quoted The Street's Jim Cramer and Jack Mohr as saying in a research note to to subscribers in February. "Recent turnover and management shakeups only add to the murky situation that a buyer would have to inherit, address and ultimately fix, all of which would require substantial time and resources."
Mohr's position hasn't changed since his February research note. He said during an interview with Real Money on Tuesday that "anyone in it for the takeover has consistently lost money." He also added, "In the absence of strong fundamentals, buying the stock on loose takeover speculation is dangerous."
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.