TuSimple Seeks Options At Subsidiary Level For Asia-Pacific-Focused Businesses


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.


  • TuSimple Holdings Inc's (NASDAQ:TSP) Board intends to explore certain transactions at a subsidiary level for its Asia-Pacific-focused businesses.
  • The company's board expects such a transaction can highlight the value in its Asia-Pacific-focused businesses and enhance overall value for shareholders.
  • Related: TuSimple Shares Soar As It Looks To Divest China Operations
  • "We believe this is the right time to explore opportunities to add high quality partners at a subsidiary level and highlight the value of our Asia-Pacific-focused businesses," commented Xiaodi Hou, Co-Founder and CEO, TuSimple.
  • Price Action: TSP shares are trading lower by 3.55% at $13.07 on the last check Monday.

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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