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.
A glitch in Tesla Inc’s (NASDAQ:TSLA) Full-Self Driving (FSD) caused an eight-vehicle crash on San Francisco's Bay Bridge, according to the driver involved.
What Happened: The driver of the 2021 Tesla Model S told police that FSD malfunctioned but the accuracy of his statements was yet to be determined, reported Reuters.
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The police report said if the software malfunctioned, the driver should have manually taken over the vehicle, according to the report.
See Also: How To Buy Tesla (TSLA) Shares
Why It Matters: The Thanksgiving day crash on Interstate 80, which took place near Treasure Island, resulted in two juveniles needing to be hospitalized for minor injuries and caused lengthy delays on the bridge, reported Reuters.
The police report noted that the Tesla vehicle made an unsafe lane change and was slowing to a stop which led to another vehicle ramming it resulting in a cascade of crashes, according to Reuters.
The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla’s advanced driver assistance system.
Meanwhile, the National Transportation Safety Board (NTSB) has questioned the Elon Musk-led company’s use of the term Full-Self Driving and called it “irresponsible.”
Price Action: On Wednesday, Tesla shares closed 0.55% higher at $138.33 in the regular session and fell 0.2% in the after-hours trading, according to Benzinga Pro data.
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.