Looking At D.R. Horton's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of bearish options activity has been observed for D.R. Horton (NYSE:DHI), with 58% of investors opening trades with bearish expectations. The majority of the trades are puts, totaling $690,514, compared to calls totaling $76,800. Whales have been targeting a price range from $101.0 to $115.0 for D.R. Horton over the last 3 months. Citigroup maintains a Buy rating on D.R. Horton with a price target of $140, while Wedbush has downgraded its action to Neutral with a price target of $115.
September 26, 2023 | 5:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bearish options activity has been observed for D.R. Horton, with a majority of trades being puts. This could indicate a negative sentiment among investors. However, Citigroup maintains a Buy rating with a price target of $140, while Wedbush has downgraded its action to Neutral with a price target of $115.
The bearish options activity, with a majority of trades being puts, indicates a negative sentiment among investors. This could potentially lead to a decrease in the stock price in the short term. However, the analyst ratings from Citigroup and Wedbush could also influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100