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.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30.
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Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Office Properties Income Trust (NASDAQ:OPI)
- Office Props IT recently posted a decline in quarterly EPS. The company’s stock has a 52-week low of $6.11 .
- RSI Value: 21.13
- OPI Price Action: Shares of Office Properties Income Trust fell 4.9% to close at $6.20 on Monday.
WeWork Inc. (NYSE:WE)
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- WeWork recently received listing non-compliance notice from NYSE. The company’s stock has a 52-week low of $0.3950.
- RSI Value: 27.71
- WE Price Action: Shares of WeWork fell 5.1% to close at $0.4002 on Monday.
Power REIT (NYSE:PW)
- The company’s stock dropped around 24% over the past period. The company’s stock has a 52-week low of $2.52.
- RSI Value: 29.12
- PW Price Action: Shares of Power REIT rose 0.4% to close at $2.69 on Monday.
BRT Apartments Corp. (NYSE:BRT)
- JMP Securities recently reiterated BRT Apartments with a Market Outperform and maintained $28 price target. The company’s 52-week low is $17.16.
- RSI Value: 29.26
- BRT Price Action: Shares of BRT Apartments rose 0.8% to close at $ 17.46 on Friday.
Universal Health Realty Income Trust (NYSE:UHT)
- Universal Health Realty posted Q1 EPS of $2.28. The company has a 52-week low of $40.92.
- RSI Value: 29.34
- UHT Price Action: Shares of Universal Health Realty Income Trust gained 0.8% to close at $43.84 on Monday.
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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.