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.
- Baidu, Inc (NASDAQ:BIDU) CEO Robin Li shared plans to launch Ernie 3.5, a generative AI large-language model that will power Baidu's ChatGPT-like app Ernie Bot and upgrade its search engine.
- Li announced at China's Zhongguancun Forum two months after Ernie Bot met with mixed reviews, Reuters reports.
- Ernie Bot and other products powered by the company's generative AI large-language model have remained in trial mode since the public face-off. Baidu invited a select number of companies and users to test the products and provide feedback.
- In April, reports indicated Alibaba Group Holding Limited (NYSE: BABA) owned DingTalk, which is a Salesforce, Inc (NYSE: CRM)
- -owned Slack counterpart amid initiatives to monetize its chatGPT-like AI model features.
- Also, 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.
- Price Action: BIDU shares closed lower by 2.37% at $121.81 premarket on the last check Friday.
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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