KBH Earnings Play
Updated
KBH is in a sweet spot! While options volatility is already elevated (40%), it should continue to raise into earnings. It's posting a nice bullish squeeze on the TTM Squeeze indicator as well as buy signals on the premium Big3 Squeeze (from Simpler Trading). Typically, the stock price rises anywhere from 3-9% between now and the earnings event. That would take us to about $68. I like this long a lot!
Note
Winner! This one worked out exactly as planned. Took my profits.
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