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.
- Swedish automaker Volvo Car Group has reported a 24.8% decline in April sales.
- The company attributed the steep fall to lockdowns in eastern China due to a rise in COVID-19 cases and the persisting global supply chain challenges.
- Electrified Recharge models grew 18.7% Y/Y, constituting 38.4% of total sales. Fully electric cars share was 10% in the month.
- Car sales in the U.S. decreased 9.2% Y/Y. Sales in Europe fell 23.2%. China sales declined 47.8%.
- Volvo Cars' top-selling car for the month was the XC60 with 14,952 units, followed by the XC40 at 13,876 units.
- For the January-April period, Volvo Cars’ sales reached 195,445 cars, down 21.3% from last year.
- Volvo Cars is owned by Zhejiang Geely Holding (Geely Holding) of China.
- Volvo Cars formed part of the Swedish Volvo AB (OTC:VLVLY) until 1999 when the company was bought by Ford Motor Co (NYSE:F). In 2010, Volvo Cars was acquired by Geely Holding.
- Photo Via Wikimedia Commons
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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