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.
Tuesday morning, 4 companies set new 52-week lows.
Things to Consider:
- DoorDash (NYSE:DASH) was the largest firm by market cap to set a new 52-week low.
- The smallest company on a market cap basis to set a new 52-week low was Graybug Vision (NASDAQ:GRAY).
- ACADIA Pharmaceuticals (NASDAQ:ACAD)'s stock fell the most, as it traded down 46.7% to reach a new 52-week low.
During the first half-hour of trading on Tuesday, the following stocks set new 52-week lows:
- DoorDash (NYSE:DASH) shares hit a yearly low of $130.00. The stock was up 0.02% on the session.
- ACADIA Pharmaceuticals (NASDAQ:ACAD) stock hit a new 52-week low of $23.65. The stock was down 46.7% on the session.
- Root (NASDAQ:ROOT) stock achieved a new 52-week low on Tuesday morning, hitting $11.49 and moving down 4.01%.
- Graybug Vision (NASDAQ:GRAY) stock hit a yearly low of $9.20. The stock was down 35.63% for the day.
Be sure to stay with Benzinga for further updates and market-moving news.
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.
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