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.
- Uber Technologies, Inc (NYSE:UBER) Uber Freight, and Aurora Innovation, Inc (NASDAQ:AUR) expanded their autonomous pilot with a new commercial lane between Fort Worth and El Paso.
- The 600-mile lane across Texas launched in October and supports Uber Freight customers as they prepare for the 2022 holiday season.
- During peak season, Uber will likely ship 1 billion packages within the U.S. alone.
- Also Read: Uber CEO Sees No Sign Of Weakness, Does Not Look To Downsize Like Peers
- To help Uber Freight customers meet demand, Aurora's autonomous trucking service, Aurora Horizon, is making weekly hauls of consumer and wholesale goods across the state with its latest generation of trucks, based on PACCAR's Peterbilt 579M.
- "The holidays are a challenging time for the logistics industry. We're crafting Aurora Horizon to help carriers of all sizes alleviate some of the supply chain pressures that typically accompany them," said Sterling Anderson, Chief Product Officer and Co-Founder of Aurora.
- In 2021, the companies launched their pilot program to transport goods autonomously between Dallas and Houston, Reuters reports.
- Aurora Innovation, which also counts FedEx Corp (NYSE: FDX) and Toyota Motor Corp (NYSE: TM) as partners, looks to launch the Aurora Driver self-driving platform at the end of 2024.
- Price Action: UBER shares traded lower by 0.87% at $28.50 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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