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.
- Toyota Motor Corp's (NYSE:TM) joint battery venture with Panasonic Corp (OTC:PCRFY) is set to buy lithium from ioneer Ltd's Rhyolite Ridge mining project, Reuters reported.
- The joint venture will utilize the metal procured for electric vehicle battery manufacturing in the U.S.
- The joint venture, Prime Planet Energy & Solutions Inc, announced by Toyota and Panasonic in early 2020, will develop cost-effective batteries that are safe and efficient.
- Under the terms of the deal, ioneer will supply 4,000 tonnes of lithium carbonate annually for five years to Prime Planet Energy & Solutions (PPES).
- "Having an agreement with ioneer provides PPES a first step in securing a U.S. supply of lithium," the report quoted PPES President Hiroaki Koda.
- Lithium supplies under the deal is expected to begin in 2025.
- Price Action: TM shares are trading higher by 1.72% at $165.38 in premarket on the last check Monday.
- Photo Via Company
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.
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