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.
Walmart Inc (NYSE:WMT) said on Wednesday it plans to hire 20,000 employees spread across its supply chain network to tide over the upcoming holiday shopping rush.
What Happened: The new jobs will be permanent positions but a mix of full-time and part-time roles.
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The supply chain roles will be spread in over 250 distribution centers, fulfillment centers and transportation offices and include a wide range of roles such as order fillers, freight handlers, lift drivers, technicians and management positions.
See Also: Walmart Now Offers Last-Mile Delivery Service To Other Businesses
The Bentonville, Arkansas-based Walmart will hold special hiring days on Sept. 8 and Sept. 9 to fill the positions. The average wage for a supply chain associate is $20.37 per hour, Walmart said.
Why It Matters: The move comes as retailers battle labor shortages and stressed global supply chains while economies gradually reopen with the COVID-19 vaccine rollout.
Both Walmart, as well as key e-commerce rival Amazon.com Inc (NASDAQ:AMZN), have seen their revenues rise amid the pandemic.
Price Action: Walmart shares closed 0.27% higher at $148.10 on Tuesday.
For news coverage in French, Italian, or Spanish, check out Benzinga France, Benzinga Italia, or Benzinga España.
Photo: By Mike Mozart on Wikimedia
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.