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.
- Air Canada (OTC:ACDVF) said it would buy electric planes for the first time by acquiring 30 battery-powered regional aircraft from Sweden-based Heart Aerospace.
- The release did not disclose a value for the deal.
- The revolutionary regional aircraft, expected to enter service in 2028, will generate zero emissions flying on battery power and yield significant operational savings and benefits.
- Heart's electric-hybrid aircraft under development, dubbed ES-30, will have a capacity for up to 30 passengers and generate zero emissions when they enter service, expected in 2028.
- The aircraft will be powered by lithium-ion batteries, quieter, have better operational parameters, and have a smaller environmental footprint.
- It will also be equipped with reserve-hybrid generators that can use sustainable aviation fuel. Fully loaded, the ES-30 is projected to have an all-electric, zero-emission range of 200 km extendable to 400 km with power supplemented by the generators and up to 800 km if the load is restricted to 25 passengers.
- Charging time for the aircraft is expected to be 30-to-50 minutes.
- "Air Canada has taken a leadership position in the industry to address climate change. Introducing our fleet of the ES-30 electric regional aircraft from Heart Aerospace will be a step forward to our goal of net zero emissions by 2050," said Michael Rousseau, President & CEO of Air Canada.
- Concurrently, Air Canada and Saab AB (OTC:SAABF) have each invested $5 million in Heart Aerospace.
- Saab is a Swedish aerospace and defense company.
- Previous orders for Heart Aerospace's ES-19 electric airplane were placed by United Airlines Holdings Inc (NASDAQ:UAL) and Mesa Air Group Inc (NASDAQ:MESA) for 200 electric aircraft with an option for an additional 100 planes.
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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