Options Expert Nic Chahine Comments on Morgan Stanley's Tesla Note: 'Anything other than traditional doors will intimidate buyers'


27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


Speaking exclusively to Benzinga, Marketfy options expert Nic Chahine said he is bearish on Tesla (NASDAQ: TSLA), but not because of the falcon doors. He thinks Wall Street's perceived value for Tesla is too lofty for a car company. “They price it like an innovative tech company, which it's not,” he told Benzinga. “A few words from [CEO] Elon [Musk] raised this flag for me a few weeks ago when he announced the location of the GIGA factory. He said that he chose the location even though there were better places that offered more financial incentives.”

27% profit every 20 days?

This is what Nic Chahine averages with his option 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!

Posted In: Analyst ColorNewsAnalyst RatingsMarketfy