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.
EV giant Tesla Inc (NASDAQ:TSLA) has cut prices on a few versions of its Model Y SUV in Canada by as much as 6.9%, making it as cheap as its Model 3 sedan in the country.
What Happened: Tesla has cut prices on both the rear-wheel drive and the long-range version of the Model Y by C$4000 (about $2,990). While the rear-wheel drive version of the vehicle now starts at C$53,990, the long-range version starts at C$63,990.
The price of the Model Y Performance, however, is unchanged at C$74,290.
With the new price cut, the Model Y has the same starting price in Canada as the Model 3 sedan. The Model 3 was previously Tesla’s cheapest offering.
Why It Matters: Tesla delivered over 1.2 million Model Y SUVs in 2023, solidifying its position as the world's best-selling vehicle model. It is the first EV ever to wear that crown.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Photo by The Bold Bureau 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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