General Motors Finishes Up 1% (GM)


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 Co. (NYSE: GM) finished up 40 cents today to trade at $34.20, a gain of 1.2%.GM started trading on November 18, when the Detroit-based automaker came back to the markets from bankruptcy.

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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Posted In: MoversAutomobile ManufacturersConsumer Discretionary