CCS
CENTURY COMMUNITIES, INC.
stock NYSE

Didn't have a chance to post this earlier but I sold $405/410 PCS on Cien for $1 exp 7/17. I then decided why not make it an IC. The only issue is on the Call side it is $10 spreads. Sold the $515/520 CCS which was the highest $5 gap for $1.78. So collected $2.78 on $405/410/515/520 IC on Cien. I may have to adjust to $10 wide and move the CCS side up some. I will have to watch it.

Quelle?
Davon abgesehen hat CCS das Delisting beantragt. Finger weg

Sold my majority position on MU shares + OTM CC on Thursday 6/25 right before close. Then I opened a 20x 1400/1500 CCS on MU on Monday 6/22 for 22k max profit and closed on Tuesday 6/23 at open for 16k when I saw the drop.
Since I ended up getting liquidity and didn't want to just sit on cash I did the next best thing when I saw that huge drop on Tuesday morning and bought 20x 2100/2300 CDS on SNDK for 100k. I thought it was going to be a one day drop into earnings and didn't expect price to continue to drop into earnings even though IV was holding.
At one point on Tuesday was down 40k on this position and by miracle, decided to hold into MU earnings. Woke up during the PM and saw the position held and decided that if it's good enough to screenshot, it's good enough to sell. Ended up closing this position a little later at +120k

Planning to open another CCS on GS. Let your joy continue lol

Didn't have a chance to post this earlier but I sold $405/410 PCS on Cien for $1 exp 7/17. I then decided why not make it an IC. The only issue is on the Call side it is $10 spreads. Sold the $515/520 CCS which was the highest $5 gap for $1.78. So collected $2.78 on $405/410/515/520 IC on Cien. I may have to adjust to $10 wide and move the CCS side up some. I will have to watch it.

Quelle?
Davon abgesehen hat CCS das Delisting beantragt. Finger weg

Sold my majority position on MU shares + OTM CC on Thursday 6/25 right before close. Then I opened a 20x 1400/1500 CCS on MU on Monday 6/22 for 22k max profit and closed on Tuesday 6/23 at open for 16k when I saw the drop.
Since I ended up getting liquidity and didn't want to just sit on cash I did the next best thing when I saw that huge drop on Tuesday morning and bought 20x 2100/2300 CDS on SNDK for 100k. I thought it was going to be a one day drop into earnings and didn't expect price to continue to drop into earnings even though IV was holding.
At one point on Tuesday was down 40k on this position and by miracle, decided to hold into MU earnings. Woke up during the PM and saw the position held and decided that if it's good enough to screenshot, it's good enough to sell. Ended up closing this position a little later at +120k

Planning to open another CCS on GS. Let your joy continue lol

Monthly recap of running Benjamin Graham's Enterprising Investor criteria across all US-listed equities! Around 5,875 tickers screened in total, here are the results:
**PASS (2):**
* $CCS Century Communities: P/E 12.4, P/B 0.62, MOS +30%. Affordable housing builder trading well below Graham Price. Strong current ratio of 12.09. Clean audit.
* $INGR Ingredion: P/E 10.3, P/B 1.54, MOS +14%. 29-year dividend streak, ROIC 15.5%. B2B food ingredients. Boring in the best way possible.
**Notable WATCH candidates:**
* $CALM Cal-Maine Foods: P/E 5.3 looks extraordinary until you account for HPAI-driven egg price inflation. Normalized P/E is closer to 13x. Classic single-year earnings distortion.
* $GSL Global Ship Lease: P/E 3.7, 5.9% yield, trades below book. But a $247M debt refinancing wall hits in 2027 and the industry order book-to-fleet ratio is 34.5%. The screen passes but the cycle doesn't.
* $TNK Teekay Tankers: passes every Graham test. Zero debt. But operating cash flow fell 35% as spot tanker rates softened. 14 vessels sold. Classic cycle peak signals.
* $UVV Universal Corporation: P/B 0.90, 41yr dividend streak, 6.1% yield. Hard to ignore. But two overlapping material weaknesses in inventory controls makes the balance sheet less reliable than it looks.
**REJECT (3):**
* $FINV $WB $TCOM: all pass quantitative screens with P/Es under 8. All rejected for VIE structure. As a US investor you don't own the Chinese operating entity, just a contractual relationship with it. Graham's asset protection argument breaks down.
What did people find interesting in their own screens this month?