KMB - Option play on earnings

KMB is Part of homebuilders industry which has big selling and high p/e ratios. KBM itself has huge insider selling.

In the weekly frame it is forming a double top & moneyflow is deep in negative side. All this make it a very good Short candidate.

It is reporting Oct 24th before market open. As earnings play we would consider $120 November outs @ $3.20 & $120 January Puts @ 4.80

You can check our detailed analysis on KMB in the trading room/ Executive summary link here-
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