Chrome Incognito… is it Tracking You?
Google recently settled a lawsuit related to its “Incognito” mode, prompting some privacy-conscious users to reconsider Google Chrome, a browser that holds about 60% of the market share.
Google, known for tracking users even in Incognito mode, reached an agreement in response to a class lawsuit seeking $5 billion. The terms of the settlement remain undisclosed, awaiting approval or disapproval by a U.S. District Court in California in February.
The lawsuit alleges Google’s persistent use of tracking technology resulted in an “unaccountable trove of information.” Google contends that collecting user information aids website owners in evaluating content, products, and marketing.
This legal challenge is not the only one faced by Google and Alphabet; last month, Google agreed to a $700 million settlement for antitrust activities in its Play Store. Google also lost a legal battle with Epic Games, accused of operating an illegal monopoly.
The year 2023 is marked by significant Big Tech antitrust suits, with implications for stock performances.
Apple is Getting Sued as Well?
Shifting to tech wearables, Apple is embroiled in a patent dispute with Masimo, resulting in the International Trade Commission initially banning certain Apple smartwatches in the U.S. Apple argues that the ban would cause “irreparable harm” to its business. While Apple’s Watch products fall under its “Wearables, Home, and Accessories” segment, they have been overshadowed by the iPhone in terms of revenue.
Historically, the iPhone has been Apple’s primary revenue source, contributing over 50% since 2008. However, the Wearables category, including Apple Watches, has shown substantial growth, doubling its contribution since 2014. A decade ago, this category, formerly known as “Other Products,” made up less than 5% of Apple’s total revenue. In the past three years, its contribution has surged to around 10.5%. This highlights the evolving revenue landscape within Apple, emphasizing the increasing importance of wearables.
CFU TRADING STRATEGY FOR THE WEEK:
Mastering Put Debit Spreads: A Concise Guide to Options Trading
Options trading presents diverse strategies, and the Put Debit Spread stands out for its risk-conscious, profit-oriented approach. In this post, we’ll explore the essentials of Put Debit Spreads, examining their mechanics and why they’re gaining popularity among traders.
Understanding Put Debit Spreads:
A Put Debit Spread involves buying a put option and simultaneously selling another put option with the same expiration but a lower strike price, resulting in a net debit position.
Key Components:
Long Put Option: This option grants the right to sell the underlying asset within a set timeframe, acting as insurance against potential market downturns.
Short Put Option: To offset costs, traders sell a put option with a lower strike price, creating an obligation to buy the underlying asset if the market moves unfavorably.
Benefits:
Limited Risk: Put Debit Spreads cap maximum losses at the initial debit paid, balancing risk.
Profit Potential: Traders can profit from downward price movements, with gains capped at the difference between strike prices, minus the initial cost.
Defined Timeline: These spreads have a clear expiration date, aligning strategies with specific market events.
Put Debit Spreads strike a balance between risk and reward in options trading. By strategically combining put options, traders navigate uncertainties with a predefined risk. Thorough research, staying informed, and professional advice are essential when integrating Put Debit Spreads into a portfolio.
PROFIT PROFILE
Presented below is the profit profile for a Put Debit Spread on TSLA for February 16.
The opportunity to secure full profit arises if TSLA can conclude below 230.00 by February 16. The beauty of the Put Debit Spread is that it allows is to take a bearish position all while staying fully hedged.
In the image below, point (1) shows where and how we make money while (2) shows you how we lose the money we put at risk.
CFU traders play all sides of the market: bullish, bearish, and neutral. We make money in all situations and our trading systems assist us in knowing which direction holds the most likely outcome for profit and then we trade it using the most efficient strategy. 1-2 punch and it delivers results.
CFU RESULTS FROM LAST WEEK:
These are profits we locked up from the week ending January 5:
AMD 59%
AMD 16%
COIN 45%
TSLA 96%
MCK 80%
TSLA 50%
SPX 29%
DVN 63%
DIS 75%
CELH 74%
COIN 79%
COIN 40%
ROKU 49%
TSLA 91%
TSLA 82%
V 31%
CELH 43% (in 45 minutes)
TSLA 139%
(COIN was on fire this week)
MEMBER RESULTS:
One of our members booked over 11K in profits since joining CFU and following our trading recommendations.
Then he leveraged the skills he learned and improved his own trading.
1-2 punch!
CLOSED AND REALIZED PROFITS 💰
Our community is fiercely focused on booking monthly profits.
Here, I’ll throw you a deal, 25% off your first month, so you can ease in, see the quality of our trading services and the results we will produce for you within 4-6 weeks. You can cancel at any time. But you won’t because the edge you gain by trading with us is second to none.
PROMO: CFUINSIDER25
Look forward to seeing you inside,
Stephen
President, CFU
