Thursday, October 22, 2009

Not to sure what to make of these big bullish bets on the front month options in the XHB, but as options traders we use information like this to help foresee the future. Based on the call volume in the XHB 16 strike, TOL 20 strike and LEN 15 strike its looks like there maybe some bullish news out on the us housing situations. The volume today has exceeded the open interest meaning a new position has be opened. Though we are not reading into this to much, it is something to keep on the radar.

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