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.


ImmunoGen, Inc. (NASDAQ: IMGN) shares reached a new 52-week high of $14.42 following a report that IMGN853 demonstrated notable single agent activity for patients with platinum-resistant ovarian cancer.

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Ignyta Inc (NASDAQ: RXDX) shares touched a new 52-week high of $12.54 after the company reported Phase 1 clinical trial data for Entrectinib. Altera Corporation (NASDAQ: ALTR) shares gained 6.14 percent to reach a new 52-week high of $51.85. Intel Corporation (NASDAQ: INTC) announced its plans to buy Altera for $16.7 billion. OM Group, Inc. (NYSE: OMG) shares jumped 27.54 percent to touch a new 52-week high of $33.85 after the company agreed to be acquired by Apollo Affiliated Funds in partnership with Platform Specialty Products Corporation for $34.00 per share in cash.

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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