Opened 12/23 buying "KBH Jan 15 '16 $12 Call" for -0.94 debit:
-Descent risk/reward entry to play channel
-MACD, Stochastics, DMI turning positive
-Entry=12.59, Stop=11.99, Target=>~13.50
Note, coming on 1/7 and housing recently reported well...possible additional upside potential
Plan to exit near target or any significant move upward.
Start raising stop alerts as target is approached.
Closed for a loss....aarg