27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- ASE Technology Holding Co, Ltd (NYSE:ASX) reported its unaudited consolidated net revenues for the third quarter of FY22.
- ASE reported a 25% year-on-year net revenue growth to NT$188.63 billion. It grew 31% Y/Y on a pro forma basis.
- Net revenues for ATM (assembly, testing, and material) business was NT$98.8 billion, up 10% Y/Y and 4% Q/Q. It grew 19% Y/Y on a pro forma basis.
- EMS (electronic manufacturing services) net revenues were NT$90.66 billion, up 37% Q/Q.
- Gross margin decreased by 130 bps to 20.1%.
- The operating margin was 12.6% in 3Q22, compared to 12.8% in 2Q22.
- Diluted EPS was NT$3.92 (or $0.260 per ADS).
- Capital expenditures in Q3 totaled $400 million.
- Price Action: ASX shares traded higher by 2.50% at $5.32 on the last check Thursday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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