DHI D.R. Horton Options Ahead of Earnings

By TopgOptions
Updated
Analyzing the options chain and the chart patterns of DHI D.R. Horton prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $14.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
DHI traded at $177.15 after the earnings and the Calls went up from $14.25 (when I wrote this article) to $25.10 today, for about 75% gain!
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