DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 65.56% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $1.98 would be kept by the premium seller. The risk of $3.02 would be incurred if the stock dropped below the $87.50 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 34.72 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
Robert Shiller: Home prices will fall and 'cause some pain'
Wed, 26 May 2021 10:37:50 +0000
Nobel Prize winning economist Robert Shiller predicts housing prices will eventually fall.
Homebuilder Stocks Rally as Housing Prices Climb Higher
Tue, 25 May 2021 17:44:05 +0000
A key housing index just turned in its best performance in more than seven years, giving investors a reason to celebrate housing stocks.
Home price growth in the US surged at a record pace in March
Tue, 25 May 2021 13:00:05 +0000
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 13.2% annual gain in March, up from 12% in February — marking the 10th straight month of accelerating prices.
Toll Brothers (TOL) to Post Q2 Earnings: What to Expect
Mon, 24 May 2021 13:54:01 +0000
Robust economy and improving demographics raise hopes for Toll Brothers' (TOL) fiscal Q2 results.
George Soros' Firm Finally Exits Palantir, Buys ViacomCBS
Fri, 21 May 2021 23:01:42 +0000
Soros Fund Management releases its 1st-quarter portfolio updates
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