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.
The United Auto Workers (UAW) strike against all three major U.S. motor companies, Ford Motor Co (NYSE:F), General Motors Co (NYSE:GM) and Stellantis (NYSE:STLA), has dominated news headlines the past week. Benzinga visited one of the strike sites last week to talk with the people on the front lines, to understand their specific reasons for striking.
“I’m fired up,” Brian Silverstein said. “I’m out here to support the UAW and the working class at large… People’s lives are getting worse and worse every single year. They keep saying inflation is going down, but prices are still high, we can’t afford to live.”
UAW President Shawn Fain spoke at the rally, calling out the big three auto companies for generating record profits while refusing to meet the demands of the UAW that include higher pay and more retirement benefits. Fain said that during GM CEO Mary Barra’s eight-minute CNN segment on Friday, she made more than any UAW worker will make in two weeks. Fain added that a UAW worker would have to work for 440 years to make what Barra makes in one year.
Watch Benzinga’s interviews from the UAW strike below, or click here.
Read Also: Ford Faces UAW Strike In US, Now It May Have To Contend With Another In Canada
To watch more of Benzinga’s YouTube shorts, click here.
Photo: Benzinga YouTube
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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