May 23, 2024 4:17 AM | 1 min read
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.
Elon Musk acknowledged Nvidia (NASDAQ:NVDA) CEO Jensen Huang‘s recent comments about Tesla Inc. (NASDAQ:TSLA) being a leader in autonomous vehicles. Huang stated that every car would eventually need autonomous capabilities.
What Happened: On Thursday, Musk posted, “Thanks Jensen!” in response to a post by Sawyer Merritt, which quoted Huang’s recent interview.
Huang had said, “Tesla is far ahead in self-driving cars. Every single car, someday we will have to have autonomous capability.”
Why It Matters: Nvidia has played a crucial role in supporting Tesla’s Full Self-Driving (FSD) Version 12 with its massive AI infrastructure. According to Tesla’s CFO, this support has paved the way for breakthrough performance in autonomous driving technology.
Additionally, Tesla recently released vehicle safety data showing that its Autopilot system has a lower accident risk compared to manual driving.
Photo via Shutterstock
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
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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