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.
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!
Want 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.
As noted by Recode, Google's partnership is strategic in nature given the competitive landscape. Specifically, Google is looking to compete in the market against companies such as salesforce.com, inc. (NYSE: CRM), which recently acquired Quip, the closest competing product to Google Docs.
Recode also highlighted a part of the what was included in Google and Box's press release. The two companies will "work together to develop and deliver next-generation intelligence to Box users searching for content on Google Springboard."
Google Springboard is Google's new search engine built specifically for enterprise customers.
As such, investors should be questioning if the partnership is a precursor to a Google acquisition of Box. According to Recode, the answer isn't just a "maybe" but "probably not."
For starters, Google is sitting on around $73 billion and Box's market cap sits at less than $2 billion. Google is also showing a tendency to acquire smaller enterprises to "tighten up its enterprise business" so that it can rival its ads business in terms of size and revenue contribution.
Full ratings data available on Benzinga Pro.
Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!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.