NVR Board Approves $500M Stock Buyback


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.


  • NVR Inc’s (NYSE:NVRBoard of Directors has approved the repurchase of $500 million of its outstanding common stock.
  • The company indicated that the approval is a continuation of the stock repurchase program that began in 1994.
  • The approval prohibits the company from buying shares from its officers, directors, Profit Sharing/401(k) Plan Trust, or Employee Stock Ownership Plan Trust.
  • As of August 3, 2021, NVR had 3.56 million total shares of common stock outstanding.
  • Price action: NVR shares are trading lower by 0.56% at $5265.65 on the last check Wednesday.

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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Posted In: NewsBuybacksBriefs