Stocks Hitting 52-Week Lows


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


SeaDrill (NYSE: SDRL) shares fell 18.25% to touch a new 52-week low of $16.93 on weak earnings and suspension of dividend.ReneSola (NYSE: SOL) shares reached a new 52-week low of $1.90 after the company reported a Q3 loss of $0.06 per share on revenue of $372.50 million.Xunlei (NASDAQ: XNET) shares dropped 6.60% to touch a new 52-week low of $8.63 on Q3 results. Xunlei posted a quarterly non-GAAP operating loss of US$0.3 million, versus a year-ago non-GAAP operating income of US$3.7 million.Mitcham Industries (NASDAQ: MIND) shares fell 0.99% to touch a new 52-week low of $8.53. Mitcham Industries is expected to release Q3 financial results on December 9, 2014.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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