Someone positioned well buying those 3,000 BZH 7.50 Calls on Thursday for $0.63 before this release. On Friday it closed up 59% to $1.0 (chart below) with positive volatility from the new home sales release and BZH rip. The trader also sold the $5 BZH puts. Watch daily option activity at crimsonmind.com. Here is the new home sales release from census.gov. *Update: It appears that Citigroup downgraded Beazer Homes on 4/22 to "hold" (from buy) citing valuation. It reached Citi's price target of $6.25. For proof I embedded the update from Market News Video.
18 minutes ago