27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- Ford Motor Company (NYSE:F) reportedly said electric vehicles will continue to be more expensive than traditional internal combustion engines until the second and third-generation EVs go into production after 2025.
- In fact, the EVs may reach cost parity with ICE vehicles after 2030-end, Reuters reported, citing Ford Chief Executive Jim Farley.
- Between 2030 and 2035, much of the EV cost savings will come from "dramatically lower labor content," the report mentioned.
- Also Read: Ford Drives Customer Convenience With Escape SUV Mobile Service Expansion
- As technologies improve, EVs will be simpler to build with fewer parts that use smaller batteries from cheaper materials.
- The companies may see lower distribution costs from selling EVs online and higher revenue from new software-driven digital services, the report added.
- Farley said Ford's software services business now has 600,000 subscribers, triple the year ago.
- Farley thinks companies needing more resources to build a complete EV ecosystem will cooperate with other firms for growth.
- Related: Ford CEO Jim Farley Announces Tesla Supercharger Partnership With Elon Musk During Twitter Space
- Price Action: F shares are trading lower by 4.29% at $12.05 on the last check Wednesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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