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.
Shares of Chinese companies, including NIO Inc. (NYSE:NIO) are trading lower amid continued Evergrande uncertainty, which has weighed on the broader Chinese market. Evergrande shares were halted pending a 'major transaction.'
Chinese media reported Evergrande will sell a majority stake in its property management business.
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans.
NIO's stock was trading about 5% lower at $33.59 per share on Monday at the time of publication. The stock has a 52-week high of $66.99 and a 52-week low of $20.60.
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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