Rochester, NY 8/5/2009 8:39:49 PM
Spdr Homebuilders Et, XHB - Toll & Centex Draw the Bears
SPDR HOMEBUILDERS ET
SPDR HOMEBUILDERS ET, XHB
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As investors prepare for housing reports next week, options traders took mostly bearish positions in Toll Brothers, Centex and several other home builders.
Trading in Toll Brothers was particularly robust, with investors picking up 10,000 calls that allow them to buy the company's stock and 27,000 puts that allow them to sell it, according to Track Data.
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