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.
Tesla Inc (NASDAQ:TSLA) has been testing its self driving software, dubbed FSD Beta, for over a year now with a small set of public volunteer testers.
Recently, Tesla has been rolling out the software to new testers via a safety score, increasing the number of participants.
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YouTuber CGP Grey recently got access to the beta and decided to take an autonomous drive on the Tail of the Dragon in North Carolina, which he explains is an incredibly dangerous road in the U.S. that experiences a high number of accidents. He describes that with the closest hospital an hour away, ambulances can be found waiting in this location on the busiest days.
In the video, various accidents are shown on the road from human drivers. It seems the humans just can't keep it together, and want to push their vehicles with risky behaviors, resulting in many accidents. The robot car, on the other hand, takes the curves slow and smooth. The Tesla ends up on the other side of the dangerous road with no input from the human driver at all. FSD Beta made the drive look easy by comparison.
Some jobs are just better delegated to machines. And while this road may look easy enough, the statistics show that is a dangerous piece of road, easily handled and navigated by a self driving car.
Photo courtesy of Tesla.
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.