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.
During Tuesday's morning session, 48 companies made new 52-week highs.
Highlights:
- General Motors (NYSE:GM) was the largest firm by market cap to set a new 52-week high.
- HyreCar (NASDAQ:HYRE) was the smallest company by market cap to set a new 52-week high.
- Infrastructure and Energy (NASDAQ:IEA)'s stock saw the most upside, trading up 23.42% to reach a new 52-week high.
The following stocks achieved new 52-week highs during the first half-hour of trading on Tuesday:
- General Motors (NYSE:GM) stock set a new 52-week high of $40.99 Tuesday morning. Over the session, the stock traded up 4.86%.
- McKesson (NYSE:MCK) shares broke to a new 52-week high of $184.48 on Tuesday. Shares of the company traded up 3.07%.
- Eastman Chemical (NYSE:EMN) shares broke to a new 52-week high of $93.28 on Tuesday. Shares of the company traded up 2.49%.
- Robert Half International (NYSE:RHI) stock hit a yearly high price of $64.77. The stock was up 3.38% for the day.
- Casey's General Stores (NASDAQ:CASY) stock hit a yearly high price of $191.97. The stock was up 0.17% for the day.
- Denali Therapeutics (NASDAQ:DNLI) shares were up 4.1% for the day, having made a 52-week high of $59.40.
- Amicus Therapeutics (NASDAQ:FOLD) shares hit a yearly high of $21.96. The stock traded up 2.55% on the session.
- Timken (NYSE:TKR) stock hit a yearly high price of $70.10. The stock was up 3.4% for the day.
- Brooks Automation (NASDAQ:BRKS) shares broke to $64.12 on Tuesday, setting a new 52-week high with a change of up 4.99%.
- MSC Industrial Direct Co (NYSE:MSM) shares broke to $80.45 on Tuesday, setting a new 52-week high with a change of up 2.28%.
- Evercore (NYSE:EVR) shares set a new 52-week high of $88.71 on Tuesday, moving up 1.15%.
- EnerSys (NYSE:ENS) shares broke to a new 52-week high of $84.31 on Tuesday. Shares of the company traded up 2.22%.
- Altra Industrial Motion (NASDAQ:AIMC) shares hit a yearly high of $53.96. The stock traded up 4.87% on the session.
- FormFactor (NASDAQ:FORM) shares were up 2.39% on Tuesday to hit a new 52-week high of $36.15 for a change of up 2.39%.
- ABM Indus (NYSE:ABM) shares hit $40.90 on Tuesday morning, setting a new 52-week high for a change of up 2.69%.
- ShockWave Medical (NASDAQ:SWAV) shares broke to $83.94 on Tuesday, setting a new 52-week high with a change of up 1.11%.
- Atlas (NYSE:ATCO) stock hit a yearly high price of $10.62. The stock was down 3.8% for the day.
- Asbury Automotive Group (NYSE:ABG) shares hit a yearly high of $127.06. The stock traded up 2.62% on the session.
- Pacific Biosciences (NASDAQ:PACB) shares hit $16.21 on Tuesday morning, setting a new 52-week high for a change of up 3.23%.
- Kura Oncology (NASDAQ:KURA) stock set a new 52-week high of $40.00 Tuesday morning. Over the session, the stock traded up 1.48%.
- Forward Air (NASDAQ:FWRD) shares broke to $72.57 on Tuesday, setting a new 52-week high with a change of up 1.76%.
- Axos Financial (NYSE:AX) shares were up 2.23% on Tuesday to hit a new 52-week high of $33.84 for a change of up 2.23%.
- MicroStrategy (NASDAQ:MSTR) shares reached a new 52-week high of $187.67 on Tuesday morning, moving up 0.32%.
- Live Oak Bancshares (NASDAQ:LOB) shares broke to a new 52-week high of $43.20 on Tuesday. Shares of the company traded up 4.54%.
- Helios Technologies (NASDAQ:HLIO) shares were up 3.34% for the day, having made a 52-week high of $49.83.
- CSW Industrials (NASDAQ:CSWI) stock on Tuesday broke to a yearly high of $109.14. Shares traded up 2.44%.
- Buckle (NYSE:BKE) stock on Tuesday broke to a yearly high of $30.29. Shares traded up 2.31%.
- Lakeland Financial (NASDAQ:LKFN) shares set a new 52-week high of $56.16 on Tuesday, moving up 2.97%.
- EnPro Industries (NYSE:NPO) shares hit $70.12 on Tuesday morning, setting a new 52-week high for a change of up 3.43%.
- Surgery Partners (NASDAQ:SGRY) shares hit a yearly high of $26.67. The stock traded up 8.66% on the session.
- Community Health Systems (NYSE:CYH) shares hit a new 52-week high of $11.03. The stock traded up 10.26% on the session.
- Abercrombie & Fitch (NYSE:ANF) shares set a new yearly high of $19.06 this morning. The stock was down 0.21% on the session.
- Triumph Bancorp (NASDAQ:TBK) shares broke to a new 52-week high of $46.99 on Tuesday. Shares of the company traded up 2.7%.
- The Shyft Group (NASDAQ:SHYF) shares hit $23.68 on Tuesday morning, setting a new 52-week high for a change of up 3.6%.
- California Resources (NYSE:CRC) shares broke to a new 52-week high of $13.30 on Tuesday. Shares of the company traded down 0.16%.
- Lands' End (NASDAQ:LE) shares broke to a new 52-week high of $18.77 on Tuesday. Shares of the company traded up 2.31%.
- MannKind (NASDAQ:MNKD) stock set a new 52-week high of $2.52 Tuesday morning. Over the session, the stock traded up 0.2%.
- Avid Technology (NASDAQ:AVID) stock hit a yearly high price of $10.95. The stock was up 3.93% for the day.
- Alerus Financial (NASDAQ:ALRS) shares were up 1.47% for the day, having made a 52-week high of $24.06.
- MoneyGram (NASDAQ:MGI) shares broke to a new 52-week high of $6.16 on Tuesday. Shares of the company traded up 2.73%.
- Joint (NASDAQ:JYNT) shares were up 2.38% for the day, having made a 52-week high of $25.09.
- OptimizeRx (NASDAQ:OPRX) shares were up 8.02% for the day, having made a 52-week high of $23.29.
- Infrastructure and Energy (NASDAQ:IEA) shares hit a new 52-week high of $12.80. The stock traded up 23.42% on the session.
- Titan Intl (NYSE:TWI) shares hit a yearly high of $4.48. The stock traded up 6.65% on the session.
- Sanara MedTech (NASDAQ:SMTI) shares set a new yearly high of $34.65 this morning. The stock was up 0.58% on the session.
- Alaska Communications (NASDAQ:ALSK) shares were up 1.63% on Tuesday to hit a new 52-week high of $3.13 for a change of up 1.63%.
- Strattec Security (NASDAQ:STRT) shares were up 0.57% for the day, having made a 52-week high of $34.00.
- HyreCar (NASDAQ:HYRE) shares set a new 52-week high of $5.04 on Tuesday, moving up 1.03%.
If other companies set new 52-week lows, Benzinga will be the first to make you aware of it. Stay tuned for further updates.
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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