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.
- E-commerce auto parts company CarParts.Com Inc (NASDAQ: PRTS) inked an agreement to acquire the complete Precise Fuel Delivery Systems inventory from an automotive aftermarket supplier, Premium Guard, for cash. The financial terms of the transaction were not disclosed.
- CarParts.com and Precise will aid in the quicker get back of more drivers on the road.
- The transaction will fast-track CarParts.com’s growth in the $300 billion auto parts market and materially expand its mechanical parts offerings.
- Premium Guard’s current Precise fuel delivery system assets will be absorbed and added to CarParts.com’s existing premium fuel pump brand.
- CarParts.Com held cash worth $35.8 million as of Jan. 2, 2021.
- Price action: PRTS shares traded lower by 1.50% at $13.12 on the last check Monday.
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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