Shares of DH Horton (DHI) are trading down $.26 today to $19.14. DHI traded as high as $19.76 on the in the early session.
The DHI Jan 2013 22 calls traded 6200x from .22 to 20 as a large seller took time getting filled.? The largest block came in at .20 for over 2600 contracts.? The calls are now trading lower.? The open interest is 7600 contracts so the trade could be closing paper.?
Jan IV is down 4.4% to 33.88% on the volatility sale.
30-day implied volatility is down to 35%.?? 10-day implied volatility is near year lows at 14.5%.? 30 Day Implied volatility is trading well above the 10 day historical volatility.? DHI started the year at $12.54.
DH Horton is a homebuilding company in the USA. The Company constructs and sells homes through its operating divisions in 25 states and 73 metropolitan markets of the United States. During the fiscal year ended September 30, 2011 (fiscal 2011), it closed 16,695 homes.