Why Nikola's Stock is Trading Higher Today

Nikola (NASDAQ:NKLA) shares are trading higher amid strength in EV names ahead of Tesla's (NASDAQ:TSLA) earnings.

Tesla's first-quarter earnings are expected after the close today.


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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Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.

Nikola was trading 8.58% higher at $12.55 per share at the time of writing. The stock has a 52-week high of $93.99 and a 52-week low of $9.37.

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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.


Posted In: MoversTrading Ideas