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.
- Arcimoto Inc (NASDAQ:FUV) has received $6 million in additional funding by means of a real estate loan on their Eugene, Oregon factory.
- The additional financing comes shortly after the $12 million public offering closed on Jan. 20, 2023.
- The company used a portion of the net proceeds to repay the convertible note with 3i. The remaining funding will be used for working capital and general corporate purposes.
- Also Read: Arcimoto Registers 20% Sequential Growth In Q4 Deliveries
- "This additional funding paired with our efforts in reducing vehicle costs and increasing sales gives the team practical confidence as we continue to focus on the growth of FUV and Deliverator programs," said Jesse Fittipaldi, Arcimoto Interim CEO.
- Price Action: FUV shares are trading lower by 1.61% at $1.83 on the last check Wednesday.
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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