Call Options on DHI on 11/30/2020

D.R. Horton, Inc. (DHI) operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States.

Bullish Cup and Handle on $ DHIIt engages in the acquisition and development of land; and construction and sale of homes in 29 states and 88 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes.

The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business.

In addition, the company constructs and owns multi-family rental properties; owns residential real estate, including ranch land and improvements; and owns and operates oil and gas assets. The company primarily serves homebuyers.

This stock is a strong value stock and has projected earnings that make it a favorable option.

We will be trading December 18th Call Options.

Last Traded: $75.98

Trade Range: $25.51 - $81.21

 

 

Trade

  • Buy 1 December $76.00 Call at $2.50
  • For a net debit of $2.50

Profit/Loss Analysis

  • Breakeven at $78.50
  • Maximum profit is unbounded
  • Maximum loss is ($250.00) at strike of $76.00

Closing Summary

  • Sold 1 December $76.00 Call at $0.05

Position closed on 12/17/2020 at price of $0.05 with a -98.00% loss in 17 days.

Updates

12/17/2020 1:24:27 PM

DHI call options closed

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