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.
- Nio Inc (NYSE:NIO) has lowered its fourth-quarter FY2022 guidance citing supply chain constraints.
- The company said it has been facing challenges in December in deliveries and productions, together with certain supply chain constraints, caused by the outbreak of the Omicron coronavirus variant in major cities in China.
- Nio expects to deliver 38,500 - 39,500 vehicles in Q4, down from the previous outlook of 43,000 - 48,000 vehicles.
- Also Read: Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More
- On December 24, 2022, the company launched the EC7, a smart electric flagship coupe SUV, and the ES8, an all-around smart electric flagship SUV, from NIO Technology 2.0 (NT2.0).
- Price Action: NIO shares are trading lower by 1.82% at $10.77 in premarket on the last check Tuesday.
- Photo Via Company
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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