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 LG Display Co Ltd. (ADR) (NYSE: LPL) were trading higher by nearly 1 percent early Friday morning after Reuters reported the company will supply information displays for Tesla Motors Inc (NASDAQ: TSLA)'s new Model 3 sedan.
Reuters, citing "a person with direct knowledge of the matter," noted that the order is a "feather in LG Display's cap" as the company is expanding its business into new markets. Nevertheless, the source added that LG Display will be the "sole supplier" of the 15-plus inch display unit.
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The publication also stated that the auto electronics market is a higher margin and more stable business when compared to the traditional consumer products segment.
Tesla unveiled its #Model3 last night. It's stock is up 7% this morning. Which would you rather own? $TSLA
— Benzinga.com (@Benzinga) April 1, 2016
At time of writing, Tesla was up over 5 percent at $241.78, while LG Display was down 1.4 percent at $11.27.
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.