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.
Toyota Motor Corp (NYSE:TM) is poised to benefit in 2021 from increased focus on carbon neutrality and the shift to battery electric vehicles, according to BofA Securities.
The Toyota Motor Analyst: Kei Nihonyanagi maintained a Buy rating for Toyota, while raising the price target from 9,500 Japanese yens ($89.58) to 9,700 Japanese yens ($91.46).
The Toyota Motor Analyst: Management has made two announcements related to the U.S. market: the launch of two battery electric vehicles (BEV) in 2021 and electrification targets of 40% for 2025 and 70% for 2030, Nihonyanagi said in the note.
“We think Toyota will probably extend these plans/targets to the global arena and, given the current global acceleration in electrification, we would expect substantial revisions to the current sales target of >1mn ZEV (BEV + fuel-cell vehicles [FCV]) in 2030,” the analyst wrote.
“Production in Japan has been impacted by difficulties in obtaining parts after the 13 February earthquake, but we assume Toyota can catch up comfortably in FY3/22 even in our worst case,” he added.
TM Price Action: Shares of Toyota Motor declined by 0.2% to $152.45 on Wednesday.
(Photo: Toyota)
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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