Sell Put Options Trade Idea
@TigerOptions：
Options Trade Idea Recently, the homebuilders sector has exhibited a notable rebound. While there is some uncertainty ongoing which may lead to a potential retest of the support level, I am inclined to place a bullish bet on the price of the sector ETF, $SPDR S&P Homebuilders ETF(XHB)$, staying above the key support level at $73. XHB Daily Chart To implement this trade idea, I'm considering selling put options for XHB with a strike price of $73.00 and an expiration date of December 15, 2023, $XHB 20231215 73.0 PUT$. By doing this, I am essentially committing to buy XHB shares at the strike price of $73 if the price falls below this level by the expiration date. This strategy c