Call Buyers Look For 10%+ Upside In KB Home (KBH)
Call Buyers Look For 10%+ Upside In KB Home (KBH)
Notes: On 6/27, KB Home (KBH) reported Q2 EPS of $0.27 vs the $0.21 estimate and revenue of $565M vs the $557.2M estimate. They delivered 1,797 homes in the quarter (down 3% year over year) and had an average selling price of $319,700.
KB Home (KBH) Options Trade Idea
Buy the (KBH) Oct $17 call for $1.25 or better
Stop loss- None
1st upside target- $2.00
2nd upside target- $3.00
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