Jim Cramer Says Young People Love Stocks Like Nio


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Jim Cramer on CNBC's "Squawk On The Box" discussed the fanbase of Nio Inc. (NYSE:NIO).

Cramer said younger people love Nio and love individual stocks or "obvious'" plays like Tesla, Inc. (NASDAQ:TSLA).

Nio has rallied approximately 1167.5% since the beginning of 2020. The stock was trading up 4% at $47.41 on Tuesday at the time of publication.

The company is set to report third-quarter earnings results after the market closes today.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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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Posted In: MediaCNBCelectric vehiclesJim Cramer