Is Toll Brothers (TOL) Built to Weather the Housing Slump?

Alex Barron previews Toll Brothers (TOL) earnings and explains why the luxury homebuilder could beat revenue expectations while falling short on earnings. He discusses consumer caution, the company's shift toward spec homes, and why Toll Brothers is better insulated than rivals such as D.R. Horton (DHI) and Lennar (LEN). Tom White then outlines an iron condor options strategy ahead of the report.

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