0.00Open5.00Pre Close0 Volume12 Open Interest170.00Strike Price0.00Turnover34.60%IV7.40%PremiumSep 20, 2024Expiry Date0.00Intrinsic Value100Multiplier24DDays to Expiry5.00Extrinsic Value100Contract SizeAmericanOptions Type0.3587Delta0.0257Gamma49.01Leverage Ratio-0.1212Theta0.0365Rho17.58Eff Leverage0.1569Vega
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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