D.R. Horton is a big homebuilding company in the U.S. Some big investors have been buying and selling special things called "options" for D.R. Horton, which can make them a lot of money if they know something about the company's future. These investors might have some secret information about D.R. Horton that regular people don't know, so it's important for people who want to buy and sell the company's stock to pay attention to what these big investors are doing. Read from source...
while Benzinga Insights and Staff Writer provided a straightforward report of unusual options activity for D.R. Horton. Their narrative is clear and professional, keeping the reader focused on the essential information.
D.R. Horton Unusual Options Activity For August 21
Summary:
High-rolling investors have positioned themselves bullish on D. R. Horton (DHI), and it's important for retail traders to take note. Today, Benzinga's options scanner spotted 17 options trades for D.R. Horton. This is not a typical pattern. The sentiment among these major traders is split, with 52% bullish and 35% bearish. Among all the options identified, there was one put, amounting to $47,600, and 16 calls, totaling $1,056,708.
Expected Price Movements:
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $190.0 for D. R. Horton, spanning the last three months.
Volume & Open Interest Development:
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.
D.R. Horton Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
Symbol
PUT/CALL
Trade Type
Sentiment
Exp. Date
Ask
Bid
Price
Strike Price
Total Trade Price
Open Interest
Volume
DHI
CALL
SWEEP
BULLISH
$310.2K
DHI
CALL
SWEEP
BULLISH
$116.5K
1.7K
DHI
CALL
SWEEP
BULLISH
$109.2K
1.2K
DHI
CALL
SWEEP
BEARISH
$76.7K
DHI
CALL
SWEEP
BULLISH
$60.0K
1.5K
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.
Current Position of D.R. Horton:
With a trading volume of 1,187,179, the price of DHI is up by 3.38%, reaching $185.68. Current RSI values indicate that the stock may be approaching overbought. The next earnings report is scheduled for 76 days from now.
Expert Opinions on D.R. Horton:
2 market experts have recently issued ratings for this stock, with a consensus target price of $194.0. An analyst from Keefe, Bruyette & Woods continues