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.
XPeng Inc. (NYSE:XPEV) shares are trading higher Wednesday following recently robust vehicle delivery numbers from the industry.
What To Know: Several EV makers recently produced exceptional delivery results. Among the companies were Tesla, which had better-than-expected second quarter delivery numbers. Rivian and Nio were also part of the excitement, turning in strong delivery numbers as well.
The news had reaching effects into the lithium industry too, due to the fact that lithium is a critical element in EV batteries. The strong delivery numbers in EV stocks helped fuel a rise in lithium stocks on Monday.
Related Link: Tesla Model Y Outpaces 35-Year-Old Record For Car Sales In Iceland
XPEV Price Action: Shares of XPEV were up 5.79% at $14.79 at the time of publication, according to Benzinga Pro.
Image by (Joenomias) Menno de Jong from Pixabay
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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