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.


Spirit Airlines Incorporated (NASDAQ: SAVE) shares fell 9.61 percent to reach a new 52-week low of $34.23. Spirit Airlines reported Q3 earnings of $1.35 per share on revenue of $574.8 million. Rent-A-Center Inc (NASDAQ: RCII) shares dropped 26.61 percent to touch a new 52-week low of $18.92 after the company the company reported downbeat quarterly revenue and issued a weak forecast. Marvell Technology Group Ltd. (NASDAQ: MRVL) shares reached a new 52-week low of $7.69 after the company reported that its accounting firm PricewaterhouseCoopers LLP has resigned. Endologix, Inc. (NASDAQ: ELGX) shares fell 29.93 percent to touch a new 52-week low of $9.62 after the company reported weaker-than-expected Q3 earnings.

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