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.


 

  • Voltari Corp (NASDAQ: VLTC) shares dropped 5.4 percent to touch a new 52-week low of $2.46. Voltari shares have dropped 61.08 percent over the past 52 weeks, while the S&P 500 index has gained 6.76 percent in the same period.
  • Bristol-Myers Squibb Co (NYSE: BMY) shares reached a new 52-week low of $50.218 as the company presented results from Phase 1 CheckMate -016 trial at the ESMO 2016.
  • Spi Energy Co Ltd (NASDAQ: SPI) shares fell 5 percent to touch a new 52-week low of $2.08.
  • Luxottica Group SpA (ADR) (NYSE: LUX) shares touched a new 52-week low of $45.16. Luxottica shares have declined 34.67 percent over the past 52 weeks, while the S&P 500 index has gained 6.76 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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