DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 18.48% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for DR Horton is bullish and the probability of a rise 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 76.95 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
4 ETF Areas Near One-Year High With More Room for Growth
Fri, 19 Nov 2021 18:00:06 +0000
Wall Street has been hovering around a record high level due to earnings strength, the ebbing pandemic, the economic reopening and the associated economic growth.
D.R. Horton has 97 acres of farmland in Homestead under contract
Thu, 18 Nov 2021 19:45:39 +0000
D.R. Horton has 96.7 acres of farmland in Homestead under contract for a future mixed-use community. The Arlington, Texas-based homebuilder (NYSE: DHI) filed a municipal pre-application with Miami-Dade County officials concerning the property at the northeast corner of Southwest 328th Street and Southeast Sixth Avenue. The developer has all 10 parcels under contract from Richard T. Alger, the John L. Alger Trust, and Elizabeth Alger.
What Supply Chain Woes? Buy Housing ETFs On Earnings Strength
Thu, 18 Nov 2021 13:00:01 +0000
The broader housing sector appears in decent shape if we go by the latest earnings reports.
Bob Sloan's Take on Tesla, D.R. Horton Short Sales
Wed, 17 Nov 2021 19:54:27 +0000
Bob Sloan, S3 Partners founder and author of “Don't Blame the Shorts,” discusses the short-selling activity around Tesla and D.R. Horton. He speaks with Bloomberg's Matt Miller on “Bloomberg Markets.”
10 Undervalued Stocks to Buy Today
Wed, 17 Nov 2021 19:41:24 +0000
In this article, we discuss the 10 undervalued stocks to buy today. If you want to skip our detailed analysis of these stocks, go directly to the 5 Undervalued Stocks to Buy Today. In an era where making quick profits from short-term volatility seems to have become a normal, even pulling in some of the […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook