On yesterday's price action I bought a little HOV at 11.72 and a few August 12.50 calls at .90. Maybe its just short covering, but there's a few ounces of value left.
Excuse me for pimping my blog, but http://runningofthebulls.typepad.com/toros_running_of_the_bull/2007/08/homebuilders-up.html