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.
Advertising is a critical moneymaker for various media platforms, no less Facebook Inc (NASDAQ:FB). The company’s ad business brought in $7.9 billion in the first quarter of 2017, and present stock ratings depend on significant video ad revenue growth in the coming years.
The business branch is critical, both for Facebook and its clients. In September, the company caused an uproar when it recorded artificially inflated viewing metrics, charging advertisers for unmaterialized user interaction.
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!
Now, it’s addressing new inaccuracies in its calculations.
Yet Another Ad Metric Snafu
The company recently detected a bug that mistakenly counted video carousel ad clicks as link clicks when tapped on smartphone mobile web browsers. The error was not seen on desktop or Facebook mobile apps, and it affected charges only for video carousel packages for which the advertiser bid on link clicks.
“In these cases, instead of being billed only for link clicks (clicks to an advertiser’s selected destination), these advertisers were incorrectly billed when people clicked on the videos in the carousel to enlarge and watch them,” a company press release explained. “Advertisers will receive a full credit for the charges they incurred for these misattributed clicks.”
Facebook assured that only 0.04 percent of ad impressions were affected, as most smartphone traffic comes through the app rather than web browsers, and the latter contributes only a small percentage of overall ad interactions.
At the time of publication, company shares were trading down 0.3 percent around $149.71.
Related Links:
Here’s One Way The YouTube Ad Crisis Has Taken Its Toll On Alphabet50 Advertisers Boycott YouTube Advertising, And It Won’t Mean More Than A 1% Dip In Google’s Top Line
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.