Bearish flow noted in D R Horton with 2,520 puts trading, or 1.3x expected. Most active are 8/11 weekly 121 puts and Aug-23 125 puts, with total volume in those strikes near 850 contracts. The Put/Call Ratio is 2.63, while ATM IV is up over 2 points on the day. Earnings are expected on November 9th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DHI:
- D R Horton put volume heavy and directionally bearish
- Raymond James upgrades D.R. Horton after ‘outstanding’ results
- D.R. Horton price target raised to $145 from $135 at Argus
- D.R. Horton upgraded to Outperform from Market Perform at Raymond James
- D.R. Horton price target raised to $164 from $139 at BTIG