Amazon's Unique Solution To Delivery Driver Crisis - Pros And Cons


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.


The acute driver crisis has prompted Amazon.com Inc (NASDAQ:AMZN) to recommend its delivery partners to ignore applicants' marijuana usage, Bloomberg reports.

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  • Amazon said that the step could boost the job applicants by up to 400%, as screening for marijuana cuts the prospective worker pool by 30%. 
  • It would prove to be immensely beneficial considering the upcoming holiday shopping season. 
  •  However, other delivery companies are continuing to screen applicants due to insurance and liability implications. Amazon stopped screening applicants for the drug in June.
  • School bus drivers can make over $20 an hour and are home for dinner. While Amazon contract drivers typically earn $17 an hour and often work late into the night to keep up with demand. However, Amazon is presently not in a mood for a pay hike.
  • The crisis also continues to weigh on Uber Technologies (NYSE:UBER) and  Lyft Inc's (NASDAQ:LYFT) ride-hailing business.
  • Price Action: AMZN shares traded higher by 1.49% at $3,522.52 on the last check Wednesday.

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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