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.
Before 10 a.m. ET on Wednesday, 6 companies hit new 52-week lows.
Noteables:
- The largest company by market cap to set a new 52-week low was Splunk (NASDAQ:SPLK).
- Altisource Portfolio (NASDAQ:ASPS) was the smallest firm by market cap to set a new 52-week low.
- Mesoblast (NASDAQ:MESO)'s stock came under the most pressure, trading down 2.16% to reach a new 52-week low.
During the first half-hour of trading on Wednesday, the following stocks set new 52-week lows:
- Splunk (NASDAQ:SPLK) shares set a new 52-week low of $125.70. The stock traded down 0.09%.
- iRhythm Technologies (NASDAQ:IRTC) shares were down 1.75% for the day, having made a 52-week low of $77.28.
- Mesoblast (NASDAQ:MESO) shares reached a new 52-week low of $7.24 on Wednesday morning, moving down 2.16%.
- First Capital (NASDAQ:FCAP) stock hit a yearly low of $44.65. The stock was down 0.18% for the day.
- Protara Therapeutics (NASDAQ:TARA) shares reached a new 52-week low of $11.38 on Wednesday morning, moving down 1.61%.
- Altisource Portfolio (NASDAQ:ASPS) stock broke to a new 52-week low of $6.24 on Wednesday. Shares of the company traded down 1.42%.
Stay with Benzinga for further updates about these companies and many others going forward.
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.
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!