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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Why exactly is Ford interested in a Silicon Valley non-auto exec? According to the
Wall Street Journal, Ford wants Rao to help "shake up" its reliance on its core car business.
Rao will work with Jim Hackett, another recent hire, to lead the newly formed Smart Mobility unit.
"Ford Smart Mobility is a significant growth opportunity for Ford," Hackett said in Ford's press release which announced Rao's hiring. "Raj has deep experience in digital transformation, new business model cultivation and start-up partnerships. He is the right leader to lead the delivery of mobility services globally and bring to life our vision to change the way the world moves."
Ford's CEO Mark Fields has a simple strategy, which Rao fits into perfectly. Fields wants to catch up with Silicon Valley companies that have taken the lead in electrification, testing of self-driving cars and ride-sharing solutions.
So far, Ford has announced partnerships, investments or outright acquisitions of a van-shuttle company, a bike-sharing service and a laser-sensor maker. All of these will add to the company's in-house talent and help achieve the company's target of getting its autonomous vehicles on the road early next decade.
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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.