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.
- Alibaba Group Holding Limited (NYSE:BABA) and Huawei Technologies Co, Ltd brace to satisfy local demand for generative AI chatbots in the coming weeks.
- Alibaba looks to launch a large-scale model on April 11 during its 2023 Cloud Summit in Beijing with an industry application model on April 18, the Register reports.
- Alibaba's research institute, DAMO Academy, is reportedly working to incorporate the large-scale model into its Tmall Genie, a smart speaker home to intelligent personal assistant AliGenie.
- Also Read: ChatGPT, Show Me The Money! Microsoft To Place Ads In ChatGPT Powered Bing Search
- DAMO Academy has released multiple versions of its large language model since 2021.
- Alibaba used 512 GPUs to train the first large multimodal model, M6, with a 10 billion parameter large model.
- Alibaba's large language model official release will come just days after Huawei debuts its generative AI service.
- Huawei's chief AI scientist, Qi Tian, will introduce "The Progress and Application of Pangu Large Scale Models" on April 8 at the Hangzhou AI Large-Scale Model Technology Summit. Pangu has been developing since 2020 and released the model in April 2021.
- In late March, Baidu Inc (NASDAQ:BIDU) dumped the highly-anticipated public launch of its ChatGPT-like product, Ernie Bot.
- Price Action: BABA shares traded higher by 0.94% at $99.48 premarket on the last check Thursday.
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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