Homebuilders are Heavily Overbought Short

D.R. Horton, Inc.NYSE

Description

⋅ Dec 22, 2023 2:14 PM

Opened a credit spread on DHI yesterday, expect to hold this at least until the next FED meeting if not through earnings.

Sold - $150 Feb16 Call
Bought - $160 Feb16 Call

Taking in ~400/contract in premium on this trade.

Trade closed manually

⋅ Jan 25, 2024 4:48 PM

Earnings Oscillators

Comments

emyyap33

⋅ Apr 14, 2024 2:39 AM

do your Dec 22 post still applies in light of the latest pullback and earnings in 3 days? Thanks

thakursouravhk

⋅ Jan 25, 2024 4:56 PM

how to trade in it
as I'm from India, what's the way to trade in the US market