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.
Tesla Motors Inc (NASDAQ: TSLA) is leaving no stone unturned in ensuring that the tag of ‘unconventional’ is removed from electric vehicles and they become the new ‘conventional’. After launching Superchargers, the company today unveiled its first swap station where customers can come and replace their depleted battery with a fully charged one.
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!
CNBC’s Phil LeBeau recently reported on Tesla’s new swap stations.
“Tesla has announced that it has opened its first battery swap station in the US, frankly in the world,” LeBeau said. Remember, about a year and a half ago Elon Musk said, these were going to be the future for Tesla, at least part of the future,where you drive in your Model S and in 90 seconds robotic arm comes up from underneath your Model S, takes out your old depleted battery. 90 seconds later you have got a fully charged one. This is going to be operating in California mid-way between San Francisco and LA,”
Earlier in the day, Tesla’s CEO Elon Musk tweeted, “Pack swap now operating in limited beta mode for SF to LA route. Can swap battery faster than visiting a gas station. Tesla blog out soon.”
LeBeau explained the importance of these swap stations for Tesla, by saying, “The significance is, you look at shares of Tesla […] keep in mind that if they can put up a lot of these battery swap stations around the country, in the future, theoretically, this eliminates that aspect of people saying look its quicker to fill up at a gas station than it is to wait for a recharge.”
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.