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.
General Motors Corp. (NYSE:GM) shares were spiking in premarket trading following an agreement the legacy automaker struck with Tesla, Inc. (NASDAQ:TSLA).
In premarket trading on Friday, GM rallied 4.83% to $37.58, according to Benzinga Pro data.
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Tesla’s Elon Musk and GM’s Mary Barra announced that partnership that provides GM EV customers with Tesla’s Supercharger network.
Commenting on the development, Wedbush analyst Daniel Ives said the strategic move will aid GM’s objective to expand charging access to more than 134,000 chargers available to GM EV drivers currently through its Ultium Charge 360 initiative and mobile apps.
“This was a smart partnership by GM and Barra as the Detroit stalwart is laying the foundation for a successful EV transformation over the next decade,” he said.
See Also: How To Buy General Motors Company (GM) Stock
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.