Here's how options traders think Toll Brothers' earnings report will affect homebuilder stocks

volume as traders looked to position themselves ahead of what could be a make-or-break report for the space, but the most active contract of the day reflected plenty of bullish sentiment.

"The most active options were the September 46-calls," said Khouw. "About 3,000 of those traded for about $2.25. Buyers of those calls are obviously betting that the earnings news, and everything that follows going into September expiration, will be positive and the stock will be at least 5% higher in the next four weeks."

Short KBH with all your might... In my humble opinion of course... 😁

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