Bearish flow noted in D R Horton with 1,663 puts trading, or 1.7x expected. Most active are 2/24 weekly 99 puts and Feb-23 95 puts, with total volume in those strikes near 620 contracts. The Put/Call Ratio is 4.85, while ATM IV is up over 1 point on the day. Earnings are expected on April 26th.
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Read More on DHI:
- D.R. Horton price target raised to $108 from $101 at BTIG
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