Financial giants have made a conspicuous bearish move on D.R. Horton. Our analysis of options history for D.R. Horton DHI revealed 13 unusual trades.
Delving into the details, we found 15% of traders were bullish, while 84% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $92,926, and 10 were calls, valued at $424,309.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $200.0 for D.R. Horton, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for D.R. Horton's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of D.R. Horton's whale activity within a strike price range from $55.0 to $200.0 in the last 30 days.
D.R. Horton 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
DHI | CALL | TRADE | BEARISH | 01/19/24 | $150.00 | $81.0K | 1.2K | 43 |
DHI | CALL | TRADE | NEUTRAL | 01/17/25 | $100.00 | $60.1K | 429 | 4 |
DHI | CALL | TRADE | NEUTRAL | 01/19/24 | $55.00 | $45.7K | 133 | 5 |
DHI | CALL | TRADE | BEARISH | 01/19/24 | $55.00 | $45.7K | 133 | 0 |
DHI | CALL | SWEEP | NEUTRAL | 01/19/24 | $60.00 | $43.6K | 350 | 5 |
About D.R. Horton
D.R. Horton is a leading homebuilder in the United States with operations in 118 markets across 33 states. D.R. Horton mainly builds single-family detached homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages six regional segments across the United States.
Having examined the options trading patterns of D.R. Horton, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
D.R. Horton's Current Market Status
- Currently trading with a volume of 1,693,644, the DHI's price is down by -1.45%, now at $147.71.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 20 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest D.R. Horton options trades with real-time alerts from Benzinga Pro.
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