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.


 

  • Sprouts Farmers Market Inc (NASDAQ: SFM) shares touched a new 52-week low of $19.25 as the company lowered its full-year forecast and announced a $250 million buyback plan.
  • Concordia International Corp (NASDAQ: CXRX) shares touched a new 52-week low of $7.75. Concordia shares have tumbled 89.34 percent over the past 52 weeks, while the S&P 500 index has gained 11.02 percent in the same period.
  • Kroger Co (NYSE: KR) shares touched a new 52-week low of $31.25. RBC Capital lowered the price target for Kroger from $39 to $37.
  • First Acceptance Corporation (NYSE: FAC) shares reached a new 52-week low of $0.951. First Acceptance shares have declined 62.50 percent over the past 52 weeks, while the S&P 500 index has increased 11.02 percent in the same period.

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 Lows