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.


Sparton Corp. (NYSE: SPA) shares fell 10.98% to touch a new 52-week low of $20.27. Sparton reported Q2 earnings of $0.16 per share on sales of $85.6 million. RadiSys Corporation (NASDAQ: RSYS) shares dropped 25.08% to touch a new 52-week low of $1.8730 after the company reported downbeat Q4 results. Needham downgraded Radisys from Buy to Hold. Powell Industries, Inc. (NASDAQ: POWL) shares slipped 11.31% to reach a new 52-week low of $37.31 after the company reported downbeat Q1 results and lowered its FY15 outlook. Cache Inc. (NASDAQ: CACH) shares dropped 44.49% to reach a new 52-week low of $0.0272. Cache filed for Chapter 11 bankruptcy.

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