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.
Lake Street Capital Markets reiterated a Buy rating and raised the price target from $8.50 to $12 for Himax Technologies, Inc. (NASDAQ: HIMX) in report issued Wednesday.
Analyst Jaeson Schmidt noted that recent checks with other suppliers "give us increased confidence that Himax’s display driver business will see continued strength throughout this year and next."
The report also mentioned that the pipeline for Himax product lines "should not only position this business to be a more meaningful contributor in 2015, but also shift the narrative to the higher margin, growing opportunities within the non-driver segment."
Schmidt concluded that "as investor focus moves to these product lines, we think shares could see significant multiple expansion."
Himax Technologies, Inc. recently traded at $9.21, down 2.23 percent.
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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