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's (NASDAQ:TSLA) Model Y uses a new body, made of large single stamped pieces. This reduces weight, eliminates hundreds of parts, saves costs, and makes production faster. The question about collision repair is often asked.
Now, Elon Musk has shared how Tesla will tackle the problem of repairing one large structure in a car. The CEO says the crash absorption rails can be cut off and replaced with bolted-on pieces. Crash absorption rails are built into the car for the purpose of absorbing the energy of an impact. But in more serious accidents, other parts of the vehicle may be damaged as well.
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The crash absorption rails can be cut off & replaced with a bolted part for collision repair
— Elon Musk (@elonmusk) October 7, 2020
Benzinga's Take: It's not too surprising Tesla had a plan for this. It's pretty obvious cars get into accidents often, even if Tesla's are considered some of the safest vehicles on the road. This could be a good solution to a problem most owners will hopefully never have to deal with.
Photo from Tesla's Battery and Investor day
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.