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.


Jos. A Bank Clothiers (NASDAQ: JOSB) shares declined 16.06% to touch a new 52-week low of $38.84. Jos. A Bank Clothiers projects its FY12 net income to be around 20% lower than the prior year.School Specialty (NASDAQ: SCHS) shares lost 73.27% to create a new 52-week low of $0.16. School Specialty filed for Chapter 11 Bankruptcy.Elbit Imaging (NASDAQ: EMITF) shares dropped 2.94% to touch a new 52-week low of $1.65. Elbit Imaging's trailing-twelve-month ROE is -27.58%.Endeavour Silver (NYSE: EXK) shares fell 1.84% to touch a new 52-week low of $6.94. Endeavour Silver shares have dropped 35.37% over the past 52 weeks, while the S&P 500 index has gained 14.47% in the same period.

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