DHI/LEN day #3 of upside. All because of the unjustified fears of interest rates and the great TOL guidance report, we are bullish and long DHI, TOL and LEN (also holding LEN call options from Friday) We certainly bought this dip including the semi dip on Friday without being underwater in anything (SNDK has since given back on the upside and downside and is relegated to a "INTRADAY long TERM daytrade" our main concern was staving the loss on the march puts and turning that small loss into a bigger gain (NO POSITION IN THE STOCK helps, because the loss was only 35% of the small price of the options) WE DO NOT HOLD SNDK long or SHORT overnight.
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