The U.S. Homebuilder stocks have benefited greatly over the past few months as mortgage rates have begun to ease. With lower mortgage rates coupled with still strong demand for housing in the U.S. this is a favorable environment for the homebuilders. If these conditions persist we expect to see the Homebuilder sector to continue to perform strongly.

Watch the video below to see our breakdown of a great trade opportunity we just spotted.

As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.

Thank you,

Blane Markham

Technician

Hughes Optioneering Team