Perhaps a candidate for a long strangle, but my prediction is that we bounce off this level for a few days and then go lower.
Getting long homebuilders here at support. -1 Sep21 $39 put for $.84 cr. Risk: 2x cr received or I'll continue holding and rolling. Profit: 50% cr received or continue to roll. Notional Value: $3900/contract
Home builders looking better, would like to see a move over the horizontal trendline.
Homebuilders have been falling. Only posting this to see how it continues.
Housing spring cleanup? Possible 3 drives. LEN and DHI top holdings. Volume shows mark up coming.
Looks like an inverted head and shoulders forming along with a nice bullish divergence in RSI. Buy
Looking like Home Builders about to continue to new highs. Earnings season is heating up.
Home builders are weak. BZH PHM TOL KBH all down considerably Friday. Short the ETF to get them all. Upper trendline safe short spot, break below 34 and there is a solid move down to 33.47 and below. Playing via puts.