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.


Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) shares touched a new 52-week low of $4.18. Great Lakes reported that it has initiated a review of potential strategic alternatives. The company has withdrawn its FY15 EBITDA forecast and also reported the retirement of CEO Jonathan W. Berger.

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Genocea Biosciences Inc (NASDAQ: GNCA) shares dropped 25.05 percent to reach a new 52-week low of $5.42 following announcement of suspension of development of GEN-004. Teledyne Technologies Incorporated (NYSE: TDY) shares reached a new 52-week low of $83.23. Teledyne Technologies is expected to report its Q3 results on October 29, 2015. SunCoke Energy Inc (NYSE: SXC) shares touched a new 52-week low of $5.72. SunCoke Energy shares have dropped 72.21 percent over the past 52 weeks, while the S&P 500 index has gained 6.78 percent in the same period.

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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