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.
One of the best features of Tesla Inc's (NASDAQ:TSLA) vehicles is the ability to get over the air updates. Owners often wake up to a car with new features and abilities that it didn't have the night before.
One new feature coming soon touted by CEO Elon Musk is the ability for the car to play elevator music from the car's external pedestrian warning speaker. This speaker was originally mandated for electric vehicles to emit a noise to warn nearby pedestrians of the car's presence, since EVs are so quiet.
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Several months ago, Musk teased that Teslas will soon be able to talk to people.
Teslas will soon talk to people if you want. This is real. pic.twitter.com/8AJdERX5qa
— Elon Musk (@elonmusk) January 12, 2020
Benzinga's Take: This is a fun update that may lead to more custom sounds. As long as the car is making some type of noise, it will be alerting pedestrians to its presence, which is the entire point of the external speaker. Having strange, unique sounds that aren't normal in a parking lot may bring even more attention to the car, increasing safety more than regulators even planned.
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.