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.
General Motors Company (NYSE: GM) reported its third consecutive year of record sales Thursday, with 9.8 million vehicles moved in 2015. The figure represents a 0.2 percent increase over 2014 sales.
Chinese sales in the luxury car market were a large factor in GM's success in 2015. Buick sales in China alone accounted for 12 percent of GM's total global sales, with 1.2 million units. Cadillac also saw an 8 percent increase over 2014's global sales with a strong foundation in the Chinese market, moving around 80,000 units.
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GM delivered 3.6 million vehicles in China in 2015.
GM's U.S. sales were up 5 percent for the year, supported by consumer demand for the Silverado pickup truck and GM's line of crossovers.
Chevrolet brand sales were up 5 percent for the year in the United States.Image Credit: By Slambo at en.wikipedia [CC BY-SA 2.0], from Wikimedia Commons
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.