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Pulte Homes plunged to a new multi-year low today, after our OptionMonster tracking systems showed strong institutional put buying yesterday.
As a result, we didn't even have the trade on for 24 hours before PHM [PHM
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Tells like that are wonderful, as they show us where the fast and smart money is hunting. I'll use some of that profit for a bankroll as I head to Las Vegas Friday, to give a presentation for the "Money Show" at the Mandalay Bay.
(By the way, if you'd like a free week of OptionMonster service, I'll offer you the same deal that I'm offering the crowd in Vegas: Just send an email to mikeb@optionmonster.com with "Las Vegas" in the subject line, and we'll email you a password. No gamble there!)
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Pulte Homes' Rivals:
KB Home [KBH
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DR Horton [DHI
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Lennar [LEN
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Toll Bros. [TOL
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Jon 'DRJ' Najarian is a professional investor, CNBC contributor, and cofounder of OptionMonster.
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Data is a real-time snapshot *Data is delayed at least 15 minutes