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Good time to buy puts on home builders

Started by akclide, January 23, 2007, 03:58:32 PM

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akclide

January 23, 2007, 03:58:32 PM
I chose CTX put ahead of earnings.

nullzero

#1
January 23, 2007, 04:08:52 PM
Yeah HBs are due for a recorrection lower for sure. When summer comes along and if the real estate market is still in dire straits the HBs should be trading near 52wk lows.
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