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.
Now that investors are at the halfway point of 2017, it’s time to take a look back at what has been an exceptionally strong year for U.S. stocks so far. The SPDR S&P 500 ETF Trust (NYSE:SPY) is up 8.6 percent in the first half of the year, but not all stocks have been invited to the party.
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5 Worst-Performing S&P 500 Stocks
Here’s a look at the five worst-performing S&P 500 stocks so far this year.
5. Diamond Offshore Drilling: -38.8 percent
The weakest sector of the market in 2017 has been the energy sector, as the recovery in the global oil market has hit a brick wall. Offshore drillers require some of the highest break-even crude prices of the entire oil industry, so offshore stocks like Diamond Offshore Drilling Inc (NYSE:DO) have been hit hard as WTI crude oil prices have dipped back below $45/bbl.
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4. Southwestern Energy: -43.8 percent
Oil exposure will be the major theme of this list of worst investment ideas, but exploration and production stocks like Southwestern Energy Company (NYSE:SWN) have been particularly volatile. Oil investors are hoping that OPEC will step up with more aggressive production cuts and/or U.S. producers will dial back their production growth in the second half of the year.
3. Transocean: -44.1 percent
Transocean LTD (NYSE:RIG)’s struggles in 2017 are no mystery. Revenue has been cut in half in the past two years as the company struggles to survive the oil slump.
2. Fossil Group: -59.9 percent
Fossil Group Inc (NASDAQ:FOSL) is still one of the top brands in traditional watches. Unfortunately, the traditional watch business is in the middle of what most investors see as a secular decline. Fossil has a lot of ground to make up to compete with the leading brands in the smart-watch and wearable devices business, including Apple Inc. (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT).
1. Frontier Communications: -65.6 percent
The worst investment idea in the entire S&P 500 so far in 2017 has been Frontier Communications Corp (NASDAQ:FTR), which lost nearly two-thirds of its market cap in the first half of the year. Frontier’s purchase of Verizon Communications Inc. (NYSE:VZ)’s wireline business in Florida, California and Texas has done nothing to stop Frontier’s outflow of customers, and the stock is now in danger of dipping below the Nasdaq’s $1 minimum listing requirement.
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.