Posts Tagged ‘XHB’

Option Expiration’s Largest Open Interest Contracts (GE, MSFT, PFE, INTC, YHOO, CSCO, WFC, SPY, QQQQ, FXI, XLK, XHB)

Today marks the January 2011 options expiration date. There are many active options expiring, and the reason these are so large is because many are LEAPS rather than just normal monthly options.  The old rule of thumb is that options tend to drift toward their closest and most active options contract strike prices.  We identified [...]

KB Home Hit by SEC Issues (KBH, XHB)

KB Home (NYSE: KBH) is being hit after the company disclosed in an SEC filing that the Securities and Exchange Commission is investigating its accounting and disclosure practices.  We show shares down over 5% at $15.60 as of 8:46 AM EST after closing at $16.46 Friday.  The 52-week trading range is $6.90 to $20.70 and [...]

Housing Surge?.. Toll Brothers (TOL, XHB)

Toll Brothers Inc. (NYSE: TOL) reported that its third-quarter home building revenues fell by over 40% from a year ago as the housing market continued to sag. But the builder also reported $461 million in revenues versus less than $400 million expected. More importantly, the builder said it also had a 3% gain in new [...]

How Did Comstock Homebuilding Do It? (CHCI, XHB)

Comstock Homebuilding Companies Inc. (CHCI) is looking like a crazy micro-cap stock in the crazy homebuilder sector.  This stock doesn’t even fit the bill of any stock screens we run because even after this massive run its market cap is still under $20 million. Yet Comstock’s stock is up a whopping 150% at $0.927.  Its [...]

Options Volume Alert: Homebuilders (TOL, LEN)

It’s been a while since we have seen the US homebuilder sector have stock options among the most active contracts at the CBOE.  It’s usually financial stocks that traders have been using.  Looking at Toll Brothers (NYSE: TOL) and Lennar (NYSE: LEN) says it all.  But today we are seeing the following trades out there [...]