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.
Wednesday's morning session saw 14 companies set new 52-week lows.
Intriguing Points:
- AbCellera Biologics (NASDAQ:ABCL) was the largest firm by market cap to set a new 52-week low.
- HF Enterprises (NASDAQ:HFEN) was the smallest company when considering market cap to set a new 52-week low.
- Galapagos (NASDAQ:GLPG)'s stock came under the most pressure, trading down 19.05% to reach a new 52-week low.
These stocks set new 52-week lows during the first half-hour of trading on Wednesday:
- AbCellera Biologics (NASDAQ:ABCL) stock achieved a new 52-week low on Wednesday morning, hitting $42.15 and moving down 1.98%.
- Galapagos (NASDAQ:GLPG) shares set a new yearly low of $96.27 this morning. The stock was down 19.05% on the session.
- Root (NASDAQ:ROOT) stock hit a yearly low of $13.57. The stock was down 2.19% for the day.
- EchoStar (NASDAQ:SATS) stock dropped to a yearly low on Wednesday of $20.33. Shares traded down 2.97%.
- Kinnate Biopharma (NASDAQ:KNTE) stock drifted down 4.29% on Wednesday morning to hit a new 52-week low of $34.14.
- Olema Pharmaceuticals (NASDAQ:OLMA) shares reached a new 52-week low of $37.42 on Wednesday morning, moving down 3.97%.
- BEST (NYSE:BEST) stock drifted down 0.07% on Wednesday morning to hit a new 52-week low of $2.03.
- Fanhua (NASDAQ:FANH) shares hit a yearly low of $12.77. The stock was down 1.69% on the session.
- CooTek (Cayman) (NYSE:CTK) shares reached a new 52-week low of $3.87 on Wednesday morning, moving down 8.97%.
- Northern Dynasty Minerals, Ltd. Common Stock (AMEX:NAK) shares set a new 52-week low of $0.31. The stock traded down 0.51%.
- Oriental Culture Holding (NASDAQ:OCG) shares reached a new 52-week low of $5.27 on Wednesday morning, moving down 4.33%.
- Meten EdtechX Education (NASDAQ:METX) stock dropped to a yearly low on Wednesday of $1.80. Shares traded down 1.07%.
- Jianpu Technology (NYSE:JT) stock set a new 52-week low of $2.40 on Wednesday, moving down 0.79%.
- HF Enterprises (NASDAQ:HFEN) stock drifted up 3.04% on Wednesday morning to hit a new 52-week low of $4.56.
Be sure to stay with Benzinga for further updates and market-moving news.
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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