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.
In a recap of the Tesla Motors Inc (NASDAQ: TSLA) Gigafactory tour, Pacific Crest Securities said notice of Model 3 manufacturing issues shook investor confidence in the company’s ability to remain on production schedule.
Analysts said CEO Elon Musk alluded to a potential risk regarding an uncontrollable element of the thousand-step manufacturing process: namely, the ability of a third-party supplier to deliver customized die-stamping machines for the vehicle body.
Musk briefly mentioned the risk — a move that analysts called a possible “hedge” — without providing additional details.
The Model 3 is expected to be brought to market late in the third quarter.
Also At The Meeting...
The Gigafactory, which Tesla constructed for between $4 billion and $5 billion to produce lithium-ion batteries, was the subject of numerous questions. The possible introduction of a new silicon lithium-ion battery in the coming years posed a concern for investors, who questioned the company’s ability to adapt its facilities to produce altered technology. Pacific Crest predicted that any shifts would require a new manufacturing facility.
Furthermore, Tesla confirmed it achieved a 30-percent cost decline for kilowatts per hour required to power its products.
Despite enduring questions regarding product demand and the company’s production rate capabilities, Pacific Crest maintains a positive immediate outlook on Tesla, the shares of which spiked about $10 at the start of the year and have fallen about 3 percent on Thursday.
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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