OptionsHouse

Options Trading News

September 13, 2013  Fri 11:06 AM CT

DHI: SEE CHART GET CHAIN FIND STRATEGIES
Put selling appears to be the trade of the day, as seen in homebuilder D.R. Horton this morning.

optionMONSTER systems show that a trader sold 2,525 October 19 puts for the bid price of $0.19. This s clearly a new position, as the volume was 5 times the previous open interest.

The put seller is looking for DHI to hold above $19 through the October expiration in five weeks. The risk is the obligation to buy shares if shares fall below that level. (See our Education section)

DHI is down 2.27 percent to $18.92. It was at a 52-week low of $17.52 last week but at a high of $27.75 in mid-May.
Share this article with your friends


Invest Like a Monster - Las Vegas: March 13-14

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Recording

Turbo Charge Your Trading Profits

Education & Strategy

The Strike-Based Greeks

The other Greeks (Gamma, Vega, and Theta) are calculated by using month and strike data, and not by individual option. These are called strike-based Greeks. Gamma, Theta, and Vega are all strike-based Greeks

View more education articles »