Looking At D.R. Horton's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on D.R. Horton (NYSE:DHI) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 23% bullish and 76% bearish. The whales have been targeting a price range from $100.0 to $130.0 for D.R. Horton over the last 3 months. The price of DHI is up 2.6% at $126.09. Various experts have maintained their ratings on D.R. Horton with price targets ranging from $120 to $164.
August 04, 2023 | 4:32 pm
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Unusual options activity indicates a bearish sentiment towards D.R. Horton. The price of DHI is currently up, but the bearish sentiment could potentially impact the stock negatively in the short term.
The unusual options activity, with a majority being bearish, indicates that big-money traders are expecting the price of DHI to decrease. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100