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Excerpt from www.benzinga.com
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, Inc. (NASDAQ:TSLA) is currently going through harrowing times, dealing with an inclement economic environment and rising competition. Amid these trying times, CEO Elon Musk on Saturday lamented about “naysayers” who wished that the company go down.
What Happened: A Tesla investor shared his grievance regarding so much hate toward the electric vehicle maker. “The number of people that wish $TSLA (a US company) to go bankrupt and would rather see BYD (a Chinese company) thrive and win is concerning, absurded, and backwards,” the investor said on X, formerly Twiter.
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