0.87Open0.87Pre Close0 Volume33 Open Interest115.00Strike Price0.00Turnover81.63%IV26.70%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier23DDays to Expiry0.87Extrinsic Value100Contract SizeAmericanOptions Type-0.0577Delta0.0036Gamma178.97Leverage Ratio-0.0766Theta-0.0058Rho-10.33Eff Leverage0.0459Vega
M/I Homes Stock Discussion
In 2022, M/I was a much bigger company compared to that in 2005. Its 2022 revenue was 3 times bigger while its Net Income was almost 5 times larger. Unfortunately, its capital efficiency as measured by the gross profitability did not improve. I would also rate M/I's financial position as poor.
About 1/3 of its revenue growth was driven by growth in house prices. As such, I valued M/I as a cyclical...
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