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.


Niska Gas Storage Partners LLC (NYSE: NKA) shares touched a new 52-week low of $8.67 after the company reported downbeat quarterly results and issued an update on current business environment and outlook. Intrepid Potash (NYSE: IPI) shares reached a new 52-week low of $12.71 after the company reported Q3 results. Wabash National (NYSE: WNC) shares tumbled 2.36% to reach a new 52-week low of $9.92. Craig-Hallum downgraded Wabash National from Buy to Hold and lowered the price target from $16.00 to $10.00.Ceragon Networks (NASDAQ: CRNT) shares touched a new 52-week low of $1.515 after the company reported weaker-than-expected quarterly results.

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 Lows52-Week Lows