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.
Swedish electric car brand Polestar Automotive Holding UK PLC‘s (NASDAQ:PSNY) Polestar 5 made its debut at the Goodwood Festival of Speed on Friday.
The prototype of the electric 4-door grand tourer based on the Polestar Precept concept car can deliver up to 650 kW/884 hp.
“The latest Polestar 5 verification prototype is here. Developed in the UK, Goodwood is like home turf for our electric 4-door GT," said CEO Thomas Ingenlath. The vehicle is expected to launch officially in 2024 and the price will be announced then.
According to the Polestar website, the Polestar Precept, on which the Polestar 4 is based, is not a concept car but a statement one.
“We can’t afford to waste time on sci-fi flights of fancy. Precept defines and displays potential solutions to the real-world challenges that lie before us. It questions conventions without indulging in daydreams,” it reads. The Precept concept car was first shown in 2020.
Why It Matters: The Polestar 5 was joined in the first-glance paddock at the festival by the Polestar 3 SUV and limited-production Polestar 2 BST edition 230. Deliveries of the Polestar 3 are expected in the second quarter of 2024.
Polestar aims to have a line-up of five performance EVs by 2026. The Polestar 6, an electric roadster whose concept was on display during the festival, is planned for launch in 2026, the company said in a statement.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read Next: Tesla Supercharges Referral Program With Expanded Rewards: What You Should Know
Photo by Jeppe Gustafsson on Shutterstock
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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