Carvana Seeks To Raise $500M Via Senior Notes


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.


  • eCommerce platform for buying and selling used cars Carvana Co (NYSE: CVNAannounced its plans to offer up to $500 million in Senior Notes due 2027.
  • Carvana would use the offering proceeds for general corporate purposes.
  • The company held cash and cash equivalents of $329 million as of December 31, 2020.
  • CVNA’s stock has gained 394% in the last year.
  • Price action: CVNA share prices traded lower by 1.52% at $249 in the premarket session on the last check Thursday.

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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