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.
Polestar Automotive Holding Uk Plc (NASDAQ:PSNY) shares are trading lower by 7.9% to $2.67 Wednesday morning. The company on Tuesday filed for a mixed shelf offering of up to $1 billion in stock and warrants.
Polestar says the net proceeds from the sale of securities will primarily be used for general corporate purposes, such as working capital, capital expenditures, research and development and investments.
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Mixed shelf offerings can dilute the ownership stake of existing shareholders. When new shares are introduced into the market, each existing share represents a smaller portion of the company, reducing its value per share.
According to data from Benzinga Pro, PSNY has a 52-week high of $8.25 and a 52-week low of $2.16.
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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