Verizon Ending Unlimited Data Soon (VZ, AAPL)


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.


Sorry new iPhone customers.You can't have your cake and eat it to.Verizon (NYSE: VZ) said that it will be taking away the

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!

unlimited data plan in the summer sometime, and will move to a user based data plan. Verizon Chief Financial Officer Fran Shammo said that due to the recent release of the Apple (NASDAQ: AAPL) iPhone, Verizon wanted to keep the unlimited plan for now, but will move towards the plans that AT&T (NYSE: T) currently offers, which charges you based on how much data you consume."We will probably do that in the mid-summer time frame," Shammo said.Shammo also said that a new Iphone may be coming soon, though he didn't say it outright. "There could be some (margin) lumpiness when you launch the phone," Shammo said during a webcast of an investor conference. "If there happens to be a new one that comes out, that quarter might not look so good (either)."Shares of Verizon are up 39 cents to $36.41, a gain of just over 1% this morning.
Posted In: News