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...
If you haven`t sold KBH before the previous earnings:
Then analyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 65usd strike price in the money Puts with
an expiration date of 2024-6-21,
for a premium of approximately $7.60.
If these options prove to be profitable prior to the...
Analyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.92.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
There is a lack of existing inventory on the market as many existing homeowners are hesitant to sell because of rising interest rates. If interest rates are cut or halted and we experience a soft landing, there will initially be a burst of growth before it stagnantes or sinks
- Since March 2023 housing as a sector has a broad uptrend alignment.
- Buffet is also...
It is almost impossible for a layman or retail investor like me to know roughly when stock market will collapse or goes through big correction, unless i am part of the mastermind of Goldman Sach, JP Morgan and colluding with politicians
Hence, i look at charts repeatedly day in and day out in order to find out if there is any "cyclical pattern" which is NOT...
Analyzing the options chain of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
The top of the channel will be tested with this strong move. I do expect rejection at the top.
An inverted H&S pattern is present but it is kind of irrelevant the channel up is the concern.
Rejection at top of channel which may lead to further downward momentum following this top.
Here we are looking at KBH on the Weekly TF…
As you can see, KBH currently testing a MACRO downwards sloping resistance line dating back to the early 2000’s. When assessing where it is, it’s important to note two interrelated factors. The first factor we need to consider is that KBH is currently breaking out from the downwards sloping resistance line. The weekly...
Indexes turning bearish at least in the short term so its time to find a suitable short.
And so KBH here appears to be completing an ABC retracement that if correct will see it go much lower.
Plenty to go on:
Its hit the 1:1 .
Its printed a probable exhaustion gap.
Its formed a fast wicked top SRP through the 1:1.
Its filled a gap from 9 June.
...
Earning: 6/22/2022 2.32, Surprise 0.28
Gap and Run, 30 days into Supply Zone
Short 32
Stop 34
Target 25
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
KBH here didnt quite get a fill to short at resistance but now breaking through trendlines and printing and H&S.
Indexes turning bearish.
Staggering into short positions.
Not advice.
trendline break
Entry 41.8
Stop 39.8
Target 50
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
