EVgo Stock Soars After GM Selects As Preferred Provider For EV Fleets


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.


  • EVgo Inc (NASDAQ:EVGO) has been chosen by General Motors Co (NYSE:GM) as a preferred provider for Ultium Charge 360 fleet service.
  • EVgo will deploy new charging and infrastructure solutions for GM fleet and BrightDrop customers.
  • These customers can also receive program discounts at EVgo's network of more than 800 public fast-charging locations.
  • GM's Ultium Charge 360 fleet service will support EV fleet electrification for rideshare, delivery, municipal, autonomous, government, and other market segments.
  • In July 2020, GM and EVgo announced plans to accelerate EV adoption by adding more than 2,700 fast chargers through 2025.
  • Price action: EVGO shares are trading higher by 13.6% at $12.018, while GM was down 2.07% at $56.79 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.


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!

Posted In: NewsBriefs