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.
Shares of Alpha & Omega (NASDAQ:AOSL) rose 6.82% in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share fell 17.14% year over year to $0.29, which beat the estimate of $0.18.
Revenue of $122,395,000 higher by 9.42% year over year, which beat the estimate of $119,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Q1 revenue expected to be between $134,000,000 and $138,000,000.
Details Of The Call
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Date: Aug 11, 2020
Time: 05:00 PM
Price Action
Company's 52-week high was at $14.50
Company's 52-week low was at $5.82
Price action over last quarter: Up 4.95%
Company Profile
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States, and other countries.
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.