27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- General Motors Co (NYSE:GM) and POSCO Chemical are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec, estimated at $400 million (C$500 million).
- The new facility will produce cathode active material (CAM) for GM's Ultium batteries to power electric vehicles like Chevrolet Silverado EV, GMC HUMMER EV, and Cadillac LYRIQ.
- The Quebec site will process CAM, a key battery material consisting of components like processed nickel, lithium, and other materials representing about 40% of the cost of a battery cell.
- Construction on the new facility will begin immediately and create about 200 jobs.
- Price Action: GM shares are trading lower by 4.36% at $40.55 on the last check Monday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
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