Stocks Hitting 52-Week Highs


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.


ViroPharma (NASDAQ: VPHM) shares gained 25.52% to touch a new 52-week high of $49.43 after the company agreed to be acquired by Shire (NASDAQ: SHPG) for $50 per share.RDA Microelectronics (NASDAQ: RDA) shares rose 3.82% to reach a new 52-week high of $18.20 after the company agreed to be acquired by Tsinghua Unigroup for $18.50 per ADS.Gogo (NASDAQ: GOGO) shares jumped 23.67% to touch a new 52-week high of $23.19 after the company reported upbeat Q3 results and raised its FY13 revenue forecast.E*TRADE Financial (NASDAQ: ETFC) shares created a new 52-week high of $17.94. E*TRADE Financial's PEG ratio is 0.64.

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: NewsIntraday UpdateMarketsMovers52-Week Highs