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.
Japanese automaker Toyota Motor Corp‘s (NYSE:TM) domestic lines are now at a standstill following a production order system malfunction.
What Happened: 25 lines in Toyota’s 12 vehicle plants in Japan have been out of operation since Tuesday morning, a company spokesperson told Benzinga. The outage has been attributed to a malfunction in the production order system due to the company’s inability to process parts orders.
Further, all 14 plants and 28 lines in Japan have been declared non-operational for the second shift.
See Also: Best Electric Vehicle Stocks
The world’s biggest auto manufacturer by sales is currently working on identifying the cause and restoring the system, the spokesperson said, while adding that it does not believe it to be caused by a cyber attack. As per Reuters, Toyota’s Japan output averaged 13,500 vehicles daily from January to June.
Image – Shutterstock
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read Next: Tesla Rolls Out FSD Beta For Vehicles Equipped With Hardware 4, A Day After Musk Warns 6-Month Delay
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!