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.
The Toro Co. (NYSE:TTC) has issued a recall of one of its Toro Power Max Snowthrowers due to a potential amputation hazard.
What Happened: The Bloomington, Minnesota-headquartered company said its Model Year 2021 Toro Power Max 826 OHAE Snowthrowers with Model Number 37802 are being recalled due to a defective auger that could fail to disengage when the control lever is released.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The company said it received five reports of a problematic auger — and while no injuries have been reported, the worst-case scenario would involve the potential for amputation.
Approximately 6,700 machines are being recalled. These products, which retail for roughly $1,200, were manufactured in Juarez, Mexico and sold through the retail and e-commerce channels of Home Depot, Ace Hardware and Toro’s authorized dealers between November 2020 and January 2021.
What Happens Next: People who purchased the snow blowers have been told not to use them and to contact a Toro dealer for a free repair.
Toro conducted the recall through the Track Recall process operated by the U.S. Consumer Safety Product Commission.
TTC Price Action: Toro shares were trading 1.55% higher at $100.26 at last check Friday.
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.