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.
On Friday, 17 stocks hit new 52-week highs.
Key Facts:
- The largest company by market cap to set a new 52-week high was Newmont (NYSE:NEM).
- The smallest company when looking at market cap to set a new 52-week high was Digirad (NASDAQ:DRAD).
- Cincinnati Bell (NYSE:CBB) saw the largest decline, as it traded down 7.32%, hitting its new 52-week high and then losing momentum.
The stocks that set new 52-week highs during the first half-hour of trading on Friday:
- Newmont (NYSE:NEM) stock on Friday broke to a yearly high of $52.30. Shares traded down 2.51%.
- Nuveen Quality Municipal (NYSE:NAD) shares hit a yearly high of $15.13. The stock traded up 0.5% on the session.
- Blackrock Municipal 2030 (NYSE:BTT) shares were up 0.08% on Friday morning to hit a new 52-week high of $25.05.
- BlackRock Taxable (NYSE:BBN) stock hit a yearly high price of $26.00. The stock was up 1.31% for the day.
- OPKO Health (NASDAQ:OPK) stock on Friday broke to a yearly high of $2.82. Shares traded up 22.57%.
- Cincinnati Bell (NYSE:CBB) shares broke to $15.59 on Friday, setting a new 52-week high with a change of up 3.96%.
- Molecular Templates (NASDAQ:MTEM) shares set a new 52-week high of $18.69 on Friday, moving up 2.11%.
- Inovio Pharmaceuticals (NASDAQ:INO) shares set a new yearly high of $10.81 this morning. The stock was up 28.27% on the session.
- Arcus Biosciences (NYSE:RCUS) shares broke to a new 52-week high of $19.75 on Friday. Shares of the company traded up 4.17%.
- Cue Biopharma (NASDAQ:CUE) stock hit a yearly high price of $22.35. The stock was down 7.32% for the day.
- Syndax Pharmaceuticals (NASDAQ:SNDX) stock made a new 52-week high of $12.17 Friday. The stock was up 0.92% for the day.
- Arcturus Therapeutics (NASDAQ:ARCT) shares hit a yearly high of $19.00. The stock traded up 2.41% on the session.
- NeuBase Therapeutics (NASDAQ:NBSE) shares achieved a new 52-week high on Friday morning, hitting $8.40 with a daily change of up 1.46%.
- AGBA Acquisition Ltd (NASDAQ:AGBA) shares set a new yearly high of $10.35 this morning. The stock was up 2.17% on the session.
- Melrose Bancorp (OTC:MELR) shares set a new 52-week high of $24.56 on Friday, moving up 38.62%.
- Envision Solar Intl (NASDAQ:EVSI) shares set a new 52-week high of $12.02 on Friday, moving up 2.16%.
- Digirad (NASDAQ:DRAD) stock hit a yearly high price of $7.55. The stock was up 138.24% for the day.
Benzinga will continue to update investors on further movements in these equities. Stay tuned.
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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