KBH turning up within channel

2015년 12월 24일

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.

2016년 1월 12일

노트

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