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.
Tesla Inc (NASDAQ:TSLA)’s Class 8 semi rollout is the bane of the trucking industry.
With early orders from the likes of Wal-Mart Stores Inc (NYSE:WMT) and J B Hunt Transport Services Inc (NASDAQ:JBHT), the automaker stands to poach market share from PACCAR Inc (NASDAQ:PCAR), Navistar International Corp (NYSE:NAV), Daimler AG, and Volvo AB ADR.
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And it could prove a windfall for WABCO Holdings Inc. (NYSE:WBC), according to one analyst.
“It is unclear how some of the different component suppliers will fair from this announcement, but we think WABCO could be a potential winner if Tesla sources its ‘enhanced autopilot’ components from a third party,” Buckingham Research analyst Neil Frohnapple said in a Friday note.
Enhanced autopilot will be the standard in Tesla Semis and will include automatic emergency braking, lane keeping and collision warning — WABCO’s expertise. Tesla may call on the technology manufacturer as a supplier.
Tesla's transmission-less vehicle is seen to have no effect on Allison Transmission Holdings Inc (NYSE:ALSN), as it targets linehaul applications to which Allison has no exposure, Frohnapple said. (See Frohnapple's track record here.)
Related Links:
Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Chowdhry: Tesla's Competition Still 'Toast' Following Semi Event
Photo courtesy of Tesla.
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.