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.
U.S. registrations of Tesla Motors Inc (NASDAQ: TSLA) Model S soared 152 percent in October to 2,391 according to data from IHS Automotive.
The January to October period’s 11,731 registrations are down 22 percent, however, compared to 2013.
“US sales have been down in 2014 as it shifted deliveries to Asia, constraining domestic supply. That changed in September when TSLA got thousands of electric cars to waiting customers here, showing up in October registration figures,” according to Dow Jones.
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.
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The registration news follows a report from one analyst who suggested that the stock could move significantly lower based on technical indicators.
Tesla Motors recently traded at $210.99, down 2.72 percent.