Select Sector Homebuilders (XHB) is off a nickel to $11.99 and XHB Sep 15 and 17 calls are the day’s most actively traded contracts in the first 15 min after a player bought 25K call spreads for 30 cents (bought Sep 15s and sold Sep 17s). It could be a roll down from the 17s, but seems to reflect a bullish view on the exchange-traded fund. It’s also noteworthy because it comes ahead of new home sales numbers, due out in 12 min.