D.R. Hoton, Large-Scale Option Trading Detected... Investors `Betting on Sell`

Institutional investors and high-net-worth individuals appear to have taken short positions on D.R. Hoton (NYSE:DHI).

This is a development that individual investors should pay attention to.

Benzinga's tracking of publicly available option trading activity has revealed these transactions.

It is unclear whether these trades are by institutional investors or high-net-worth individuals. However, the scale of the trading in DHI is a signal that someone has access to important information.

How can we know the moves of these investors?

Today, Benzinga's option scanner detected 8 unusual option trades on D.R. Hoton.

This is not a normal situation.

The overall sentiment of these large-scale investors is 25% buy, 62% sell.

Specifically, 2 of the unusual options were put options totaling $142,308, and 6 were call options totaling $232,547.

Expected Price Movement

Analysis of the trading volume and open interest of these contracts suggests that the large investors expected D.R. Hoton's stock to trade between $150 and $200 during the previous quarter.

Trading Volume and Open Interest Trends

When conducting due diligence on a stock, it is useful to look at trading volume and open interest.

This data can help track the liquidity and interest in D.R. Hoton options at specific strike prices.

Below, we can see the changes in call option and put option trading volume and open interest for D.R. Hoton over the past 30 days in the $150 to $200 strike price range.

D.R. Hoton Option Trading Volume and Open Interest (Past 30 Days)



Noteworthy Option Trades:



About D.R. Hoton

D.R. Hoton is a leading U.S. homebuilder, operating in 118 markets across 33 states. D.R. Hoton primarily constructs single-family homes (over 90% of home sales revenue), serving first-time buyers, move-up buyers, luxury home buyers, and active adult buyers. The company provides mortgage financing and title services to home buyers through its financial services segment. D.R. Hoton is headquartered in Arlington, Texas, and manages 6 regional divisions across the United States.

After a thorough review of the option trading activity around D.R. Hoton, we aim to further investigate the company, including an assessment of the current market conditions and performance.

D.R. Hoton's Current Status

- Trading at $192.71, up 0.48% on volume of 341,232 shares.
- RSI indicators suggest the underlying stock is approaching overbought territory.
- Next earnings report is expected in 71 days.

Analyst Opinions

Over the past 30 days, a total of 1 sell-side analyst has provided an opinion on this stock, with an average target price of $220.

- Wells Fargo's analyst has maintained an 'Overweight' rating on D.R. Hoton, with a target price of $220.

Options trading carries high risk and potential reward. Savvy traders manage this risk through continuous education, strategy adjustments, monitoring of various indicators, and close observation of market movements. Get real-time alerts on the latest D.R. Hoton option trades through Benzinga Pro.