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.
- Emerging electric vehicle manufacturer Mullen Automotive, Inc declared the SEC ratifying the Net Element (NASDAQ:NETE) merger.
- The SEC has declared effective the S-4 registration statement of the shares of the merger.
- The shareholders and boards of both companies have approved the deal.
- Mullen is awaiting a final response from NASDAQ regarding compliance with its listing standards.
- Mullen previously announced a definitive stock-for-stock reverse merger agreement with Net Element. Mullen's stockholders will receive a majority of the outstanding stock in the post-merger company.
- Meanwhile, Mullen will be debuting the FIVE EV Crossover this coming November 2021 at the Los Angeles International Auto Show.
- Price Action: NETE shares closed higher by 1.77% at $9.19 on Monday.
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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