DHI Looking For A Severe Drop In This Name Along With Home PriceTitle says it all we are now short this name from $75 we'll see how it goes - not advice do your own DD
DHI trade ideas
DHI to COVID LOW OF 25???????With the housing market already starting to cool off new home builders will feel the most of the blunt kick in the pants the rise of interest raise has to offer. DHI operates as a homebuilder and mortgage financer across the United States. While they have been raking in cash on the recent real estate market this is coming to an end rapidly and we are on the verge of a great reset in all sectors but real estate presents a ripe short opportunity. I have gotten into leap put spreads for 2024 in DHI with the target price being the covid Low of $25. This company will not be able to sustain in the current macro environment we have upon us and I think puts for The Q3 and Q4 earnings release are a must buy given the current decline in sales. NYSE:DHI NYSE:DHI
D. R. Horton - 60% Upside Opportunity? Is there an opportunity for a considerable gain on a homebuilding company D. R. Horton that operates in 31 states, before potential recession in the US.
Fundamental indicators:
Revenue and Profits - demonstrated consistent and explosive long-term earnings growth over the past 10 years
Profit margin - showing higher efficiency every year and currently at 16.5%
P/E - under-priced with just 4.8x ratio
Liabilities - no problems with debt
Technical Analysis (Elliott Waves):
Although it is a complex scenario but it is likely that there is an Ending Diagonal forming in the final fifth wave since the global correction completed in March 2020
Wave 1 with a zigzag culminated in May 2021 and since then second wave has been forming with an Extended Flat pattern where wave C is currently getting completed
Wave 3 is also expected to be formed by a zigzag targeting price range of $111 to $130 representing 0.5 and 0.786 Fibonacci retracement levels respectively
What do you think about this scenario for D. R. Horton ?
Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves.
DHR - Interesting idea So DHR is very is incredibly interesting stock and it should cool down for a moment.
Levels:
To buy - 56 - 48 $
- Technically we have a picture of bearish prevalence and i recommend to take profit
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DHI ATH Break Weekly Options PlayDescription
DHI's primary bull trend remains well-intact and has raced up after entering it's corrective intermediate down-trend beginning with setting its previous ATH in May.
This is essentially a continuation play from the linked idea, when we played the break in the Descending Trend Channel, and gave the criteria for a new entry when the target was reached.
Today's break and close over its previous ATH close indicates that supply is exhausted and DHI is primed to make new ATHs.
Using Long Calls so as not to cap gains.
Long Call
Levels on Chart
SL < 104.45
PT : No price target set for the ATH, looking for a sharp move and then to roll a percentage of profits to more OTM calls.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/17 106C
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
DHI looking to make new all time highs?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Consumer Cyclical sector
* Breaking out of a ~9 month base with higher than average volume
* Showed incredible strength over the past couple of months while the market was facing uncertain times.
* Max probable ROI is 28.57%
Trade Idea:
* If you can tolerate some volatility, now's a great time to enter.
* Looking at the weekly chart, it does seem a bit extended, so, if you're looking for a discount you can look for a buying opportunity near the $104.19 area.
DHI Descending Channel Break for Long EntryDescription
DHI has been working this descending channel since hitting an ATH in May of this year, and off the earnings we may be seeing a break out.
A close > 94 triggers a long.
Using a call debit spread, because profits are always limited by time.
Will look to enter at EOD.
Call Debit Spread
Tentative Levels on Chart
SL is a daily close back in the channel.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/3 95C
SELL
12/3 105C
R/R & Break-evens vary on fill.
The long call is placed ITM due to limited strikes but also offers good downside protection.
The short call is placed at the ATH. If DHI runs to ATH and holds, I'll look to roll the spread up.
Manage Risk
Only invest what you are willing to lose
Swing Trade On DHIAfter the Correction of last year DHI has been In a uptrend with some consolidation periods. I believe that right now its just on a pullback and if it can pass through the marked resistance points than it could continue its Long term Bullish trend.
DHI Coming HOT!DHI has good internals and it is about to break the triple top with much stronger momentum. I have option position in this underlying from a month a go however, if the breakout becomes evident I will long some stocks too.
Note: I expect housing market is going to be more volatile than usual in up coming month maybe even up to few years. DHI is not an investment stock as a result hence have firm stop responsibly or get in with options. However, I think real-estate is bullish short term.
Please comment!
DHI Chart with Fibonacci circles and pitchforkDHI Chart with Fibonacci circles and pitchfork, broke through the last circle and climbing to the next circle.
D.R. Horton, Inc. Announces New $1.0 Billion Stock Repurchase AuDHI: D.R. Horton, Inc.
2021-04-21 16:05:00
D.R. Horton, Inc. Announces New $1.0 Billion Stock Repurchase Authorization
$DHI LT Bull Flag Breakout - Unusual Options Activity$DHI D.R. Horton, Inc. - Long Term Bull Flag Breakout & Retest
Unusual Options Activity
10k August $77.50 calls bought today for $9.4M (81x open interest)
Medium term target: $100-$110 range by August
Note - This is NOT investment advice.
DHI investing ideaHello everyone, today I want to tell you about D. R. Horton company.
Their business is building houses for families. They act in US in the 90 markets in 29 states.
Reasons for investing are next:
Falling inventories (in 2 times), they pay all taxes and their results are growning for last 5 years. Even with COVID-19 influence, they have good performance. Financial statement of the company is confirmed by independend audit. Their financial results are fine in comparison to housbuilding industry.
