KBH is in a sweet spot! While options volatility is already elevated (40%), it should continue to raise into earnings. It's posting a nice bullish squeeze on the TTM Squeeze indicator as well as buy signals on the premium Big3 Squeeze (from Simpler Trading). Typically, the stock price rises anywhere from 3-9% between now and the earnings event. That would take us to about $68. I like this long a lot!
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Winner! This one worked out exactly as planned. Took my profits.
very nice call! May I ask on how you got your indicator titled "St_Big3_Squeeze"?
ThetaGator
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@Trader_Mayhem, That is the Simpler Trading Big 3 Squeeze. It's an enhanced version of the TTM_Squeeze from John Carter (of Simpler Trading). Taylor Horton has modified it and includes a few special features. If you don't want to pay for it, the TTM Squeeze works great as a free substitute. I paid for Taylor's class & indicator bundle.
Trader_Mayhem
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@ThetaGator, I'll check it out. Thanks for your response. Cheers!