27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Meet Blend
Blend is a group-messaging app with a focus on content. By adding bots into its chat interface, the company is looking to tap into the “AI revolution,” joining tech giants of the likes of Apple Inc. (NASDAQ:AAPL), Snap Inc (NYSE:SNAP) and Facebook Inc (NASDAQ:FB).
The premise is pretty simple: Users create chat groups and then add “Genies” — bots that share news and updates based on users' declared interests.
“People use Blend as any other messenger, to make plans or chat. What we do is also integrate breaking news into the platform,” co-founder Matt Geiger told Benzinga in a recent conversation.
Millennials And Pot
On 4/20, the day Americans have designated as the “Weed Day” every year, Blend compiled data from public group chats of 300,000 millennial users and discovered how youngsters talk about marijuana and other related issues.
But, how did they know what to look for?
Several factors came into play here. On the one hand, the Blend team is pretty young, with Geiger, “one of the older members of the team,” barely 25. “We have this kind of young, pop-culture, intuitive knowledge about this stuff,” he explained.
On the other hand, Blend stays current through its high-school influencer group, which consists of 400 kids providing product feedback and trends updates.
So, without further ado, here are some of the findings.
Top Terms/Phrases
Top terms/phrases millennials use to talk about smoking marijuana (ranked by percentage of total mentions of the subject):
- “Let’s smoke” — 44 percent.
- “Get lit” — 17 percent.
- “Blaze” — 14 percent.
- “Let’s burn” — 10 percent.
- “Match” — 7 percent.
- “Blow tree” — 3 percent.
- “Burn tree” — 2 percent.
- “Trying to chief” — 2 percent.
- “Put one in the air” — 1 percent.
Top Munchies Emojis
Top emojis associated with the “munchies:"
Top Strains
Most popular strains in terms of mentions:
- Blue Dream — 38 percent.
- GDP — 18 percent.
- Sour Diesel — 16 percent.
- Cookies — 11 percent.
- OG — 8 percent.
- Cheese — 4 percent.
- Blueberry — 3 percent.
- White Widow — 1 percent.
- Green Crack — 1 percent.
More From Benzinga:
Jeff The 420 Chef Explains How He Makes Medical Marijuana Edibles That Don't Taste Like Weed
Why Hemp Could Be The Future Of Plastics
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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