Sterne Agee Upgrades Beazer Homes Ahead of Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


On Wednesday, Sterne Agee upgraded shares of Beazer Homes (NYSE: BZH) from Neutral to Buy ahead of the companies second quarter earnings release Thursday morning.In addition to the upgrade, analyst Jay McCanless raised “FY14E/FY15E EPS to $0.44/$13.69 from $0.38/$13.48 to reflect lower interest expense assumptions due to BZH's recent debt refinancing.”Shares are up 1.68 percent to $19.07 in Wednesday's trading.

27% profit every 20 days?

This is what Nic Chahine averages with his option 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: Analyst ColorAnalyst RatingsJay McCanlessSterne Agee