RLX Technology Adopts $500M Stock Buyback Program


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.


  • RLX Technology Inc (NYSE:RLXboard of directors has authorized a share repurchase program for up to $500 million of its shares.
  • The company plans to make the buyback over a period until December 31, 2023.
  • RLX Technology expects to fund the repurchases out of its existing cash balance.
  • It held $2.28 billion in cash and equivalents as of September 30, 2021.
  • Price Action: RLX shares are trading higher by 24.2% at $4.859 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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