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.
- Shares of Tesla Motors Inc (NASDAQ: TSLA) initially sold off nearly 10 percent after Consumer Reports said it can no longer recommend owning the Model S sedan.
- Tesla's stock bounced higher during Thursday's pre-market trading session as the company's CEO Elon Musk defended his products.
- Musk Tweeted that the Consumer Reports reliability survey focused on issues that pertained to early production cars and has already been addressed in new cars.
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!
Consumer Reports reliability survey includes a lot of early production cars. Already addressed in new cars.
— Elon Musk (@elonmusk) October 21, 2015
Investors and traders appear to have been satisfied with the initial defense. Shares were trading higher by nearly one percent with more than an hour to go before Thursday's opening bell.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.