metalhead

Beazer Homes: Option Traders Expecting Major Move Higher in Another Homebuilder

Joe, I see your point and there are safe ways to play BZH, like going long with a tight stop. However I refuse to play the game of speculating in short term price movements. The only people getting rich are Goldman Sachs and other trading houses playing these short squeezes with OPM (other peoples money.)

I just picture some poor guy dumping a good chunk of his savings into this and forgetting to set a stop loss, then waking up one fine day to see CNBC announce they've filed ch. 11.