XHB Homebuilders S&P 500 ETF showing a triple weekly sell signal. The signal has hit 5 of the last 6 times. The consumer is softening and housing is slowing. Homebuilding companies are doing buy downs to sell houses at all costs, which leads to margin erosion. Even though mortgage rates have fallen recently, the labor market has weakened as well.
Bought 10/17/2025 $119 Strike Puts @4.60
Sold 10/172025 $113 Strike Puts @1.90
Debit $270