Beacon Roofing Acquires Building Products Distributor First Coastal


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.


  • Beacon Roofing Supply Inc (NASDAQ:BECNhas acquired First Coastal Exteriors LLC, with locations in Mobile, Alabama and Pearl, Mississippi. The financial terms of the transaction were not disclosed.
  • First Coastal distributes complementary residential and commercial building products, including siding, gutter products, and windows.
  • "This acquisition is another exciting addition as we continue to expand our footprint and drive toward achieving our Ambition 2025 growth targets," said Munroe Best, Beacon's President of the South Division.
  • Beacon held $84.9 million in cash and equivalents as of September 30, 2022.
  • Price Action: BECN shares are trading higher by 0.25% at $52.98 on the last check Wednesday.
  • Photo Via Company

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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