March 1, 2012 9:01 AM | 1 min read |
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.
A123 Systems (Nasdaq: AONE) announced today that it will supply complete lithium ion battery packs to Tata Motors, India's largest automaker, for Tata's hybrid electric systems for commercial vehicle applications. A123's highly scalable battery packs are designed to fit into multiple powertrain architectures that can be implemented into a wide variety of commercial vehicles, providing Tata with a cost-effective solution for meeting its performance, range and durability requirements."We consider hybridization to be an integral component of Tata Motor's overall strategy, and hybridization of our commercial vehicles is particularly important to our global customers for reducing the emissions and increasing fuel efficiency of their fleets," said Dr. Timothy Leverton, Head - Advanced and Product Engineering at Tata Motors. "A123 Systems' core lithium ion technology has a proven track record of success in the hybrid truck and bus segment, which we believe represents a very significant market opportunity. In addition, the modularity of A123's pack design enables us to develop a uniform hybrid powertrain architecture that can be deployed across multiple vehicle platforms."
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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