DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $56.00 short put and a strike $51.00 long put offers a potential 43.68% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $3.48 would be incurred if the stock dropped below the $51.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for DR Horton is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for DR Horton is bullish.
The RSI indicator is at 79.42 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for DR Horton
KB Home Up 31% Over a Month: Is There More Room to Run?
Mon, 01 Jun 2020 14:18:02 +0000
KB Home's (KBH) focus on first-time home buyers and growth initiatives is likely to drive growth.
Low Mortgage Rates Put Housing Stocks Back on Possession Track
Fri, 29 May 2020 16:34:04 +0000
Housing demand to rebound from the pathetically low mortgage rates, making home buying an affordable affair.
Why Is D.R. Horton (DHI) Up 21.2% Since Last Earnings Report?
Thu, 28 May 2020 15:31:03 +0000
D.R. Horton (DHI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
April's Sales Rise Hints at Housing Comeback: Stocks in Focus
Wed, 27 May 2020 12:01:12 +0000
New home sales edge higher in April with easing of lockdowns in the country. Is this an indication of revival in housing?
Hedge Funds Have Never Been This Bullish On D.R. Horton, Inc. (DHI)
Tue, 26 May 2020 17:33:29 +0000
In this article we will check out the progression of hedge fund sentiment towards D.R. Horton, Inc. (NYSE:DHI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
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