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.


Tidewater Inc. (NYSE: TDW) shares reached a new 52-week low of $25.18. Tidewater's trailing-twelve-month ROE is -0.51%. Michael Kors Holdings Limited (NYSE: KORS) shares dipped 3.23% to touch a new 52-week low of $63.85. Michael Kors shares dropped 1.73% on Friday. Meru Networks, Inc. (NASDAQ: MERU) shares fell 23.72% to touch a new 52-week low of $1.80. Meru Networks shares have dropped 48.70% over the past 52 weeks, while the S&P 500 index has gained 10.34% in the same period. BioScrip Inc. (NASDAQ: BIOS) shares declined 7.35% to reach a new 52-week low of $4.79. BioScrip raised $62.5 million in private placement of convertible preferred stock and announced a plan for $20 million rights offering.

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