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.
Two companies going public via SPAC are using electric school buses in a test of vehicle to grid deployments for one of the largest utility companies in the U.S.
What Happened: Lion Electric, set to merge with SPAC Northern Genesis Acquisition Corp (NYSE:NGA), announced its electric school bus achieved vehicle to grid deployment with Consolidated Edison Inc (NYSE:ED).
Related Link: Lion Electric To Go Public In SPAC Merger
Why It’s Important: The vehicle to grid technology takes electricity generated from electric buses and supplies it back to Con Edison’s utility customers.
The company behind the vehicle to grid technology is Nuvve, which is set to go public via SPAC Newborn Acquisition Corp (NASDAQ:NBAC).
This is significant as it could prove to be another way for school districts to save costs by not only switching to electric buses but also selling stored energy to utility partners.
All of Lion Electric’s buses and heavy-duty vehicles are equipped with V2G technology.
Price Action: Shares of Northern Genesis trade around $15.24. Shares of Newborn Acquisition are down 4.5% to $14.47.
Disclosure: The author has a long position in shares of NGA.
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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