I like your argument about the HXB, I even think the March 11 puts are a good sell. If Congress passed the measures to help with loses, it will stabilize the sector for a couple of years. Today's home sales report indicates that we are still in the dark side of the moon, but the numbers are not depresion numbers, there is still business out there.
Options Trader: Tuesday Outlook [View article]
Today's home sales report indicates that we are still in the dark side of the moon, but the numbers are not depresion numbers, there is still business out there.