Technicals - Bouncing off support a year ago & and within recent channel...playing to reach near 13.50
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, earnings 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.
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, earnings 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.
Note
Took a big hit on this one. Closed after underlying opened down post earnings and running out of time for a recovery.Closed for a loss....aarg
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.