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 Thursday, 9 stocks made new 52-week lows.
Intriguing Points:
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
- The largest company by market cap to hit a new 52-week low was Varex Imaging (NASDAQ:VREX).
- The smallest company by market cap to set a new 52-week low was Castor Maritime (NASDAQ:CTRM).
These stocks set new 52-week lows during the first half-hour of trading on Thursday:
- Varex Imaging (NASDAQ:VREX) stock achieved a new 52-week low on Thursday morning, hitting $11.28 and moving down 22.28%.
- Blue Ridge Bankshares, Inc. Common Stock (AMEX:BRBS) stock broke to a new 52-week low of $14.02 on Thursday. Shares of the company traded down 4.45%.
- Recro Pharma (NASDAQ:REPH) shares fell to $2.95 on Thursday, setting a new 52-week low with a shift of up 0.99%.
- Lantern Pharma (NASDAQ:LTRN) stock hit a yearly low of $10.51. The stock was down 3.58% for the day.
- Just Energy Group (NYSE:JE) shares hit a yearly low of $0.33. The stock was down 2.57% on the session.
- Entera Bio (NASDAQ:ENTX) stock hit a new 52-week low of $1.52. The stock was down 3.46% on the session.
- Stein Mart (NASDAQ:SMRT) stock dropped to a yearly low on Thursday of $0.15. Shares traded down 8.65%.
- Kingold Jewelry (NASDAQ:KGJI) shares hit a yearly low of $0.37. The stock was down 6.96% on the session.
- Castor Maritime (NASDAQ:CTRM) stock hit a yearly low of $0.16. The stock was down 6.41% for the day.
As other companies hit new 52-week lows, Benzinga will keep traders updated. Stay with us for further analysis on these and other companies.
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.