Investors in Horton Inc (DHI) can now access new options expiring on September 4th. A noteworthy put contract at a $135.00 strike price is currently bid at $3.10, effectively allowing investors to purchase the stock at $135.00, which brings the cost basis to $131.90 when including the premium. This represents a 4% discount from DHI’s current trading price of $140.10, with a 64% chance of the option expiring worthless.
Additionally, a call contract at a $145.00 strike price has a bid of $3.20. Investors purchasing shares at $140.10 and selling this call could achieve a total return of 5.78% if the stock is called away. There is also a 58% likelihood that this contract will expire worthless, allowing investors to keep both the shares and the premium. The outlined options provide potential annualized returns of 19.49% for the put and 19.39% for the call, based on current data.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
