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.
Before 10 a.m. ET on Monday, 4 companies set new 52-week lows.
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Points of Interest:
- The company with the largest market cap to set a new 52-week low was China Mobile (NYSE:CHL).
- PolarityTE (NASDAQ:PTE) was the smallest firm by market cap to set a new 52-week low.
- Here are all the stocks that set new 52-week lows during the first half-hour of trading on Monday:
- China Mobile (NYSE:CHL) stock dropped to a yearly low on Monday of $29.95. Shares traded down 1.12%.
- Daqo New Energy (NYSE:DQ) shares set a new 52-week low of $38.26. The stock traded down 5.95%.
- Atrion (NASDAQ:ATRI) shares made a new 52-week low of $572.91 on Monday. The stock was down 2.79% for the day.
- PolarityTE (NASDAQ:PTE) stock broke to a new 52-week low of $0.55 on Monday. Shares of the company traded down 32.6%.
Benzinga will continue to update traders about these equities going forward. Stay tuned for further market updates.
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.