Not sure what will happen to HOV in the short term if the new shares go through, but you can always trim your huge position so you are more comfortable staying in. HOV is a longterm play. If timed right you can play the wild swings. Which I do with options.
haha ok Mr.stock. I have been long KBH since it was 6 you have probably been short the whole time. Go ahead and put your money where your mouth is and double your short. I doubled on my April 20 calls. We will see who is right.
Could have bought the May 6.00 calls for .25 earlier this week. Nice double. Still not selling. Holding May 7.00 calls also.
I would be worried about what those share will be offered at. 7.00?
True and the same goes for HOV, atleast the last few quarters. What I have done is buy more shares on those dips due to an excellent q. So far every time HOV has rallied for a few days after. I excpect a blowout q hopefully we will just take off from there this time.
Seems like we will not get that big run up into earnings. Maybe after the cc if CEO clears up all this mess about the new offering. Hopefully Im wrong and we can be close to 7 or higher by March.
Last q I made a huge amount on call options. Does not look like it will work out the same this q.