Shares
No view
No fair value for HIMX today: only 4 of 4 models has usable inputs, and one model is a guess.
How we value it ›Prices as of 2:48 PM ET, Sep 17. Check the live quote before you send an order.
The put
Skip
Skip the put. It pays a lot because HIMX can drop a lot. Wait, or buy shares.
If it goes against you: you buy 100 shares at $13, which after the $57 you keep works out to $12.43 a share. Below $12.43 you are down on the trade. From that day the shares take above is the one that applies.
The order, if you sell it anyway
You get$57 (limit about $0.57)
If it fallsBuy 100 shares at $13
Cash to hold$1,300
Close earlyBuy back at about $0.57 ($57)
Chance you buy the sharesabout 33 in 100
ContractHIMX Oct 16 $13 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why skip
The put: Oct 16, $13 strike, 29 days out. Pays $57. Roughly a 33-in-100 chance you end up buying the shares.
On paper: 55% a year. That number assumes HIMX keeps moving like it did the past two years. Take that away and it is -39% a year. That is why we say skip.
Next earnings Nov 5, after this put ends. We never sell a put across a report.