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.


 

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  • MasTec, Inc. (NYSE: MTZ) shares gained 16.7 percent to reach a new 52-week high of $28.42 after the company posted better-than-expected Q2 results and raised its FY16 outlook.
  • Merck & Co., Inc. (NYSE: MRK) shares gained 7.8 percent to reach a new 52-week high of $62.37 after Bristol-Myers Squibb Co (NYSE: BMY) reported results from the CheckMate-026 Study, stating cancer-treating Opdivo did not meet the primary endpoint.
  • Nu Skin Enterprises, Inc. (NYSE: NUS) shares rose 7.2 percent to touch a new 52-week high of $57.48. Nu Skin posted in-line quarterly earnings, but sales exceeded analysts’ estimates. The company also raised its Q3 earnings guidance.
  • Acxiom Corporation (NASDAQ: ACXM) shares touched a new 52-week high of $25.494 after the company reported better-than-expected quarterly results and raised its buyback plan by $100 million to $400 million. Acxiom reported a deal to sell Impact email unit.

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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