Why Kandi Technologies Stock Is Trading Lower Today


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.


Kandi Technologies (NASDAQ:KNDI) shares are trading lower on Friday after the company priced a $100 million registered direct offering of roughly 8.85 million units at $11.30 per unit.

Kandi Technologies is engaged in the development, production, and distribution of the electric vehicle products, EV parts, and off-road vehicle products primarily in the Chinese market.

Kandi Technologies shares were trading down 8.05% at $13.25 at publication time. The stock has a 52-week high of $17.40 and a 52-week low of $2.17.


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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