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 Himax Technologies (NASDAQ:HIMX) moved higher by 12.2% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share rose 275.00% year over year to $0.07, which beat the estimate of $0.03.
Revenue of $239,934,000 rose by 46.07% from the same period last year, which beat the estimate of $215,220,000.
Looking Ahead
Q4 EPS expected between $0.15 and $0.16.
Q4 revenue expected to be between $263,927,400 and $263,927,400.
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How To Listen To The Conference Call
Date: Nov 12, 2020
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/x93vx34d
Technicals
Company's 52-week high was at $5.10
Company's 52-week low was at $1.73
Price action over last quarter: Up 14.14%
Company Profile
Himax Technologies Inc is a fabless semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. It also design and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, scaler products for monitors and projectors. Majority of the firm's revenue gets derived from Driver Integrated Circuit segment.
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.