By Bryan Bottarelli

This morning I wrote in Radar that bankrate.com (the most actively followed interest rate website) was reporting that the 30-year fixed, the 15-year fixed, the 5/1 ARM, the 30-year fixed jumbo, and even the 5/1 jumbo ARM were all falling.

This broad-based rate drop provided yet another lift to the housing sector, as reduced borrowing rates tend to spark new home-buying activity. That's always positive, especially for the SPDR Homebuilders (XHB), which is a basket of homebuilding stocks that Adam and I own calls on in our WaveStrength Options Weekly service.

With names like Sherwin-Williams (SHW:NYSE), Pulte Homes (PHA:NYSE), Lennar (LEN:NYSE), Centex (CTX:NYSE) and Toll Brothers (TOL:NYSE), this collection of stocks continues to rally on any news -- good or bad.

You see, if the news is bad, the stocks rally on speculation that they've hit a bottom.

If the news is good, the stocks rally on indications that the sector has turned around.

Either way, you win!

And of course, this is great for our XHB call options. As I write, our streetTRACKS SPDR Homebuilders (XHB) calls just broke to a new high -- and our WOW readers are positioned to profit off each and every up-tick! It's just one of many profitable sector plays that we're currently holding in our newest service.