The all-electric vehicle race is on, and one contender with limited experience is GM (NYSE:GM).
With the Chevy Bolt EV on sale — and the Chevy Volt not long retired — GM is looking to add another fully electric vehicle to its stable.
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.
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Cadillac will reveal its cutting-edge Lyriq electric SUV at 7 p.m. Eastern Thursday. GM President Mark Reuss will answer questions from viewers during a live 30-minute Q&A after the unveiling.
Benzinga's Take: Other details such as price, availability and range are still unknown. GM no longer receives any federal tax credit for the sale of its electric vehicles, so a premium EV Cadillac is most likely going to be quite expensive. Hopefully GM can impress with high electric range — and maybe some updates to Supercruise, GM's driver assist/self-driving technology.
Photo courtesy of Cadillac.
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.