Call Volume Spikes on Struggling Himax Technologies, Inc. (HIMX)

Call volume on Himax Technologies, Inc. (ADR) (HIMX) is through the roof today

May 12, 2015 at 1:25 PM
facebook X logo linkedin


Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) calls have been flying off the shelves at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) of late. Across those exchanges, the semiconductor stock has seen nearly 5,900 calls bought to open during the past two weeks, versus just 60 puts. The resultant 10-day call/put volume ratio of 98.05 ranks a mere 4 percentage points from a 52-week high.

Things are no different today, as HIMX gears up for its next turn in the earnings confessional, tentatively scheduled for later this month. Calls are being exchanged at 26 times the usual intraday rate, and speculators are buying to open the out-of-the-money September 7 call -- far and away the equity's most popular strike this afternoon. In so doing, these traders anticipate HIMX will topple $7 by September options expiration.

Historically speaking, the shares haven't seen the north side of $7 since late March. Going back further, Himax Technologies, Inc. (NASDAQ:HIMX) has been trending lower since touching a year-to-date high of $9.49 on Jan. 28, giving back 34.5% to rest at $6.21. What's more, the stock is currently testing resistance at its descending 40-day moving average.
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI