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.
- ChipMOS TECHNOLOGIES INC (NASDAQ:IMOS) reported a second-quarter FY22 revenue decrease of 1.9% year-on-year to $230.4 million. On a sequential basis, revenue rose 1.9%.
- The gross margin contracted 280 bps to 25.4% amid global inflation and supply chain constraints.
- Net non-operating income was $10.4 million versus $0.6 million a year ago.
- Earnings per basic ADS were $1.22 versus $1.19 last year.
- It held $244.4 million in cash and equivalents.
- ChipMOS distributed a dividend of $2.876 Per ADS.
- Price Action: IMOS shares closed higher by 0.88% at $23 on Wednesday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!