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.
Hertz Global Holdings (NYSE:HTZ) shares are trading lower on Friday on a report the company could file for bankruptcy in the coming days.
Hertz Global operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services.
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The company operates a network of car rental locations and licenses its brands to associates and franchisees. The highest segment by revenue is the U.S. car rental unit.
Hertz Global shares were trading down 5.5% to $2.88 at time of publication. The stock has a 52-week high of $20.85 and a 52-week low of $2.32.
Related Links:
Hertz Plummets Amid Reports Company Could File For Bankruptcy This Week
Carl Icahn Discloses 30.1% Stake In Hertz Global
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.