Stocks Hitting 52-Week Lows


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.


Universal American (NYSE: UAM) shares lost 2.44% to create a new 52-week low of $8.00. Universal American reported its Q3 adjusted net income of $14.9 million.Paragon Shipping (NYSE: PRGN) shares fell 7.50% to touch a new 52-week low of $3.33. Paragon Shipping posted a Q3 loss.France Telecom (NYSE: FTE) shares dropped 2.09% to create a new 52-week low of $10.76. France Telecom shares have dropped 33.87% over the past 52 weeks, while the S&P 500 index has gained 16.21% in the same period.Blyth (NYSE: BTH) shares declined 17.72% to create a new 52-week low of $15.65. Blyth posted a third-quarter profit and cut its full-year earnings forecast.

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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Posted In: NewsMovers & ShakersIntraday UpdateMarkets52-Week Lows