Horton Inc (DHI) Options Trading Volume Hits 14,228 Contracts, 43.6% of Average Daily Volume
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Active Options Trading: Horton Inc (DHI) saw an options trading volume of 14,228 contracts today, representing approximately 1.4 million shares, which is about 43.6% of its average daily trading volume of 3.3 million shares over the past month, indicating strong market interest in its future performance.
- Put Options Highlighted: Notably, the $150 strike put option for DHI has seen significant activity with 4,023 contracts traded today, equating to approximately 402,300 underlying shares, reflecting investor expectations regarding potential downside risks for the stock.
- Trade Desk Options Activity: In parallel, The Trade Desk Inc (TTD) recorded an options trading volume of 56,355 contracts, representing around 5.6 million shares, or approximately 43.4% of its average daily trading volume of 13 million shares over the past month, showcasing its market engagement.
- Call Options Trading: The $40 strike call option for TTD has also been active today with 5,762 contracts traded, representing about 576,200 underlying shares, indicating investor confidence in the stock's upward potential.
Analyst Views on DHI
Wall Street analysts forecast DHI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DHI is 160.18 USD with a low forecast of 110.00 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
4 Buy
6 Hold
2 Sell
Hold
Current: 161.000
Low
110.00
Averages
160.18
High
195.00
Current: 161.000
Low
110.00
Averages
160.18
High
195.00
About DHI
D.R. Horton, Inc. is a homebuilding company. The Company constructs and sells homes through its operating divisions in 125 markets across 36 states. The Company’s segments include Homebuilding, Rental, Forestar, Financial Services, and Other. The Homebuilding divisions are primarily engaged in the acquisition and development of land and the construction and sale of residential homes. The Company’s rental segment consists of single-family and multifamily rental operations. The single-family rental operations construct and lease single-family homes within a community and then generally market each community for a bulk sale of rental homes. The Forestar segment is a residential lot development company with operations in 59 markets across 24 states. The Financial services segment provides mortgage financing and title agency services to homebuyers in many of the Company’s homebuilding markets. It also conducts insurance-related operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
