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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Askew's upgrade is based partly on Zillow'sENTER TO WIN $500 IN STOCK OR CRYPTO
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Askew noted that he analyzed the projected six-month ROIs of 400 listings across 400 zip codes which have been calculated by the company and presented to its Premier Agents. The analyst added that the projected ROIs declined "sharply" as of February 1, which reflects the higher prices the company is charging for the leads.
Related Link: Rental Property Stocks Get New Lease On Profits With Rising Interest RatesCatalysts For Change
Askew continued that these changes to pricing can only happen if: 1) lead prices increase, 2) lead conversion rates decline or 3) there are material changes in either average home prices or commission rates.
Askew further noted home prices and commission prices have likely remained stable and doesn't believe conversion rates have fallen. As such, pricing is the only possible explanation for the change in ROIs.
Bottom line, the analyst believes the impact of these pricing changes will be realized as existing Premier Agents budgets roll over in the next six-to-nine months.
At last check, shares of Zillow Group (Z) were up 4.83 percent at $36.89. Shares of Zillow Group (ZG) were up 4.67 percent at $36.41.
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.