Why Xpeng Shares Are Falling


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.


Shares of several Chinese companies, including Xpeng Inc - ADR (NYSE:XPEV), are trading lower as investors continue to weigh the possible default of major China-based real estate company Evergrande Group.

Shares of some Chinese companies could also be trading lower amid continued regulatory concerns following proposed oversight of the gaming sector in Macau. Regulatory actions in the education and tech space have put pressure Chinese stocks this year.

XPeng Inc is a Smart Electric Vehicle company designing, developing, manufacturing and marketing smart electric vehicles in China. The company manufactures environmentally-friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). Xpeng targets the mid-to-high-end segment in China's passenger vehicle market.

Xpeng has a 52-week high of $74.49 and a 52-week low of $17.11.


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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Posted In: Newswhy it's moving