TSMC Q3 Net Profit Surges 62%


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.


Taiwan Semiconductor Manufacturing Co (NYSE: TSM) reported a 62% rise in its third-quarter net profit.TSMC's quarterly net profit surged to 49.30 billion New Taiwan dollars (US$1.69 billion), from NT$30.40 billion, in the year-ago period. However, analysts were expecting a net profit of NT$46.02 billionIts consolidated revenue climbed 33% to NT$141.38 billion from NT$106.48 billion.TSMC shares closed at $15.15 yesterday.

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.


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Posted In: EarningsNewsprofit