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.


Chico's FAS (NYSE: CHS) shares fell 0.95% to touch a new 52-week low of $15.57. Chico's FAS is expected to report its Q2 earnings on August 28, 2013.Ceres (NASDAQ: CERE) shares fell 1.58% to reach a new 52-week low of $1.31. Ceres's PEG ratio is -0.04.Wheeler Real Estate Investment Trust (NASDAQ: WHLR) fell 1.77% to touch a new 52-week low of $4.43 after the company priced 2.75 million share offering at $4.30 per share.Stage Stores (NYSE: SSI) shares reached a new 52-week low of $19.555 after the company reported an 18% drop in its fiscal second-quarter profit and lowered its forecast for the full year.

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.


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!

Posted In: NewsMovers & ShakersIntraday UpdateMarkets52-Week Lows