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.
BOCA RATON, Florida, April 21, 2020 /PRNewswire/ -- MiX Telematics (NYSE: MIXT) (JSE: MIX), a leading global provider of fleet and mobile asset management solutions, has confirmed that one of Brazil's largest ethanol and sugar producers have appointed MiX Telematics to assist in modifying driver behavior and reducing vehicle collisions.
The major industry player accounts for 10% of ethanol supply in Brazil; grinding 27 million tons of sugarcane in one harvest year, resulting in the production of 2.1 billion liters of ethanol. The company is present in four Brazilian states and employs over 10,000 people.
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MiX Telematics will be assisting the company to optimize the safety and efficiency of over 650 vehicles currently operating throughout Brazil. The project will focus on improving key driving safety factors including harsh braking and acceleration, sharp cornering and seatbelt usage.
"Despite the turbulent global situation that we currently find ourselves in, we are immensely proud that we are able to provide our valued customers with the telematics intelligence to enable them to continue to operate safely and with maximum visibility," responds MiX Telematics Chief Operating Officer, Charles Tasker.
About MiX Telematics
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to 812,000 subscribers in over 120 countries. The company's products and services provide enterprise fleets, small fleets and consumers with solutions for efficiency, safety, compliance and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia, Mexico and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE:MIXT).
For more information, visit www.mixtelematics.com.
For further information, please contact:
Melanie Esterhuizen
Brand and Communications Manager (International)
T: +27-76-091-8221
E: melanie.esterhuizen@mixtelematics.com
SOURCE Mix Telematics
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.