27% profits every 20 days?
This is what Nic Chahine averages with his options 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) has finally announced when the much anticipated gran opening of its Gigafactory will be. The event is scheduled for Friday, July 29, at the company’s facility right outside of Reno, Nevada, an email sent to select customers said.
Following the announcement, Global Equities Research’s Trip Chowdhry assured that traditional automakers like General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Mercedes, Toyota Motor Corp (ADR) (NYSE: TM), Honda Motor Co Ltd (ADR) (NYSE: HMC) and BMW, among several others, “are completely clueless and are about to experience their own Blackberry and Nokia moment.”
According to the analyst, unlike the companies mentioned above Tesla is not an automaker; it’s “a complete industry — made of tightly coupled sub-ecosystems.” But, what does me mean by that?
Well, he said, it’s important to notice that like no other auto company out there, Tesla has:
- Its own gas stations
- The Gigafactory (which could be seen as an equivalent of an oil refinery)
- Its own retail stores
- Its own service stations
- Its own cloud and over the air updates system
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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