DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 21.36% 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 $80.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock dropped below the $75.00 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 59.53 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
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Existing home sales plummeted 6.6% to a seasonally adjusted 6.22 million in February from a month earlier, according to the National Association of Realtors (NAR).
If You Invested $1000 in D.R. Horton 10 Years Ago, This Is How Much You'd Have Now
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Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Is D.R. Horton (DHI) Stock A Buy or Sell?
Sun, 21 Mar 2021 14:00:29 +0000
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered […]
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