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.
On Tuesday, 27 stocks hit new 52-week highs.
Highlights:
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- The largest company by market cap to set a new 52-week high was Vertex Pharmaceuticals (NASDAQ:VRTX).
- The smallest company by market cap to hit a new 52-week high was LightPath Technologies (NASDAQ:LPTH).
- LightPath Technologies (NASDAQ:LPTH) saw the most significant positive move of the companies, as it traded up 14.83% to reach its new 52-week high.
Here are all the stocks that set new 52-week highs as of 10 a.m. ET on Tuesday:
- Vertex Pharmaceuticals (NASDAQ:VRTX) stock made a new 52-week high of $277.22 Tuesday. The stock was down 0.99% for the day.
- Shopify (NYSE:SHOP) shares set a new yearly high of $665.74 this morning. The stock was up 2.03% on the session.
- Okta (NASDAQ:OKTA) shares hit $154.95 on Tuesday morning, setting a new 52-week high for a change of up 0.09%.
- Alnylam Pharmaceuticals (NASDAQ:ALNY) shares hit $146.56 on Tuesday morning, setting a new 52-week high for a change of up 0.62%.
- Wheaton Precious Metals (NYSE:WPM) stock on Tuesday broke to a yearly high of $35.54. Shares traded up 1.29%.
- Teladoc Health (NYSE:TDOC) stock set a new 52-week high of $189.47 Tuesday morning. Over the session, the stock traded up 1.0%.
- Moderna (NASDAQ:MRNA) shares were up 8.09% for the day, having made a 52-week high of $56.38.
- Wingstop (NASDAQ:WING) shares set a new yearly high of $111.15 this morning. The stock was up 0.72% on the session.
- Benitec Biopharma (NASDAQ:BNTC) shares broke to $17.39 on Tuesday, setting a new 52-week high with a change of up 12.48%.
- Arvinas (NASDAQ:ARVN) shares achieved a new 52-week high on Tuesday morning, hitting $57.13 with a daily change of up 1.75%.
- Palomar Hldgs (NASDAQ:PLMR) shares achieved a new 52-week high on Tuesday morning, hitting $65.55 with a daily change of up 2.59%.
- Luminex (NASDAQ:LMNX) shares hit $33.38 on Tuesday morning, setting a new 52-week high for a change of down 0.12%.
- CNX Resources (NYSE:CNX) shares set a new yearly high of $14.19 this morning. The stock was down 1.43% on the session.
- Teekay Tankers (NYSE:TNK) stock hit a yearly high price of $26.64. The stock was up 3.04% for the day.
- OraSure Technologies (NASDAQ:OSUR) stock hit a yearly high price of $14.11. The stock was up 0.68% for the day.
- Nordic American Tankers (NYSE:NAT) shares hit a new 52-week high of $5.80. The stock traded up 10.44% on the session.
- Compugen (NASDAQ:CGEN) stock set a new 52-week high of $14.61 Tuesday morning. Over the session, the stock traded up 1.44%.
- Repro-Med Systems (NASDAQ:KRMD) shares broke to a new 52-week high of $12.60 on Tuesday. Shares of the company traded up 6.14%.
- DSP Gr (NASDAQ:DSPG) shares achieved a new 52-week high on Tuesday morning, hitting $16.97 with a daily change of up 1.5%.
- Catasys (NASDAQ:CATS) shares set a new yearly high of $32.55 this morning. The stock was up 8.76% on the session.
- GenMark Diagnostics (NASDAQ:GNMK) stock set a new 52-week high of $8.46 Tuesday morning. Over the session, the stock traded down 0.61%.
- Arcturus Therapeutics (NASDAQ:ARCT) shares set a new 52-week high of $19.64 on Tuesday, moving up 6.04%.
- Overseas Shipholding Gr (NYSE:OSG) shares set a new yearly high of $2.74 this morning. The stock was up 3.51% on the session.
- Scorpio Bulkers (NYSE:SALT) shares set a new yearly high of $24.31 this morning. The stock was up 4.12% on the session.
- Performance Shipping (NASDAQ:PSHG) stock on Tuesday broke to a yearly high of $0.78. Shares traded up 10.29%.
- Amira Nature Foods (NYSE:RYCE) shares achieved a new 52-week high on Tuesday morning, hitting $12.66 with a daily change of up 11.54%.
- LightPath Technologies (NASDAQ:LPTH) shares achieved a new 52-week high on Tuesday morning, hitting $1.89 with a daily change of up 14.83%.
Benzinga will continue to keep market participants updated about these equities going forward. Stay tuned.
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.