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.
Shana Sissel of Spotlight Asset Group spoke on CNBC's "Fast Money" about M/I Homes Inc (NYSE:MHO). She said it's a high-quality home builder, present in some of the hottest markets in the country. Around 56% of its revenue in the last quarter came from Texas, Florida, South Carolina and North Carolina.
The company is anticipating earnings growth of 37% this year and the stock is trading at 5 times earnings. It has a strong balance sheet, it's increasing cash flows and decreasing debt. Sissel sees M/I Homes as the acquisition candidate because it could be a quick way for large players to get into these hot housing markets.
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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