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.


 

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  • Babcock & Wilcox Enterprises Inc (NYSE: BW) shares fell 1.64 percent to touch a new 52-week low of $14.36. Babcock & Wilcox shares have tumbled 25.13 percent over the past 52 weeks, while the S&P 500 index has slipped 0.29 percent in the same period.
  • Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ: KONE) shares touched a new 52-week low of $1.72. Kingtone Wirelessinfo Solution reported a 1H'16 loss of $0.48 per share, versus a year-ago profit of $1.87 per share. The company also lowered its FY16 outlook.
  • NantHealth Inc (NASDAQ: NH) shares reached a new 52-week low of $12.50.
  • Xplore Technologies Corp. (NASDAQ: XPLR) shares fell 11.90 percent to touch a new 52-week low of $2.56. Xplore Technologies reported a FY16 loss of $0.03 per share on revenue of $100.53 million.

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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