D.R. Horton (DHI) Options Chain

NYSE: DHIConsumer DiscretionaryHomebuildingUSD

134.88-0.94 (-0.69%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $134.88
Put/call ratio (OI): 0.71
Put/call ratio (volume): 0.57
ATM implied volatility: 37.7%
Expected move: ±$57.65
Open interest (C / P): 1.83K / 1.30K

DHI options summary

The DHI options chain for the January 21, 2028 expiration lists 32 call and 24 put contracts, with 468 days until expiration. Open interest stands at 1,828 calls and 1,304 puts, a put/call ratio of 0.71, which is fairly balanced between calls and puts. At-the-money implied volatility near the $135.00 strike is 37.7%, which implies the market expects a move of about ±$57.65 (42.7%) in D.R. Horton stock by expiration.

The most open interest sits at the $230.00 call (329 contracts) and the $125.00 put (324 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DHI options chain · January 21, 2028

DHI calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
9	2	51.7%	66.98	66.10	71.00	70.00	0.60	1.80	1.47	42.3%	1	116
12	1	50.1%	69.60	62.00	66.50	75.00	1.05	2.40	1.90	41.7%	—	1
8	1	89.5%	89.45	72.40	75.50	80.00	2.10	2.95	2.30	40.4%	4	29
19	10	70.2%	66.00	62.50	65.70	85.00	0.80	5.50	3.03	45.6%	3	7
2	1	88.5%	64.00	66.50	71.00	90.00	0.00	0.00	3.55	6.3%	1	0
3	2	50.8%	53.00	46.40	50.50	95.00	4.40	5.50	5.00	37.6%	5	9
30	1	47.5%	43.55	43.00	46.00	100.00	4.70	6.70	6.28	37.0%	10	51
6	1	47.2%	45.00	39.40	42.90	105.00	6.70	8.00	7.62	36.2%	1	66
122	1	48.1%	37.60	36.30	40.50	110.00	8.10	9.50	8.88	35.5%	1	278
9	3	47.3%	33.90	33.30	37.50	115.00	9.60	11.30	11.00	35.1%	1	36
52	8	44.5%	31.21	30.40	33.50	120.00	11.50	13.00	11.90	34.2%	1	46
29	1	43.8%	28.60	27.70	30.70	125.00	13.40	15.30	13.21	34.0%	1	324
57	9	43.1%	25.95	25.20	28.10	130.00	15.70	17.60	17.80	33.5%	2	18
DHI $134.88
25	1	42.4%	23.95	22.90	25.60	135.00	17.90	20.10	17.20	33.0%	1	43
215	1	42.0%	21.90	20.90	23.40	140.00	20.60	22.80	21.70	32.6%	20	15
41	10	41.9%	19.81	19.00	21.50	145.00	23.40	26.00	25.55	32.7%	5	29
88	1	41.0%	17.90	17.10	19.30	150.00	26.30	28.80	28.12	31.8%	1	223
82	12	40.9%	16.95	15.30	17.70	155.00	29.40	31.90	28.88	31.2%	6	4
32	2	40.2%	20.50	13.60	15.80	160.00	0.00	0.00	26.19	—	1	0
46	1	40.5%	12.65	12.30	14.70	165.00	0.00	0.00	32.90	—	1	0
33	3	40.0%	15.30	10.90	13.20	170.00	40.00	43.00	41.17	30.7%	2	2
16	2	39.5%	10.80	9.70	11.80	175.00	44.00	46.90	42.74	30.4%	8	7
24	12	39.3%	12.50	8.60	10.70	180.00	43.00	48.00	38.00	23.4%	1	0
18	6	40.1%	11.50	7.70	10.20	185.00	—	—	—	—	—	—
66	1	39.1%	11.25	6.80	8.80	190.00	—	—	—	—	—	—
12	1	38.8%	6.65	6.00	7.90	195.00	—	—	—	—	—	—
57	2	39.6%	5.92	5.30	7.60	200.00	—	—	—	—	—	—
26	1	38.4%	7.86	4.10	5.80	210.00	—	—	—	—	—	—
23	14	38.1%	5.29	3.20	4.70	220.00	—	—	—	—	—	—
329	1	38.9%	3.00	2.50	4.20	230.00	84.50	89.00	79.01	—	1	0
16	1	47.5%	11.08	4.50	6.90	240.00	—	—	—	—	—	—
321	25	38.5%	2.00	1.50	2.80	250.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DHI put/call ratio?

For the January 21, 2028 expiration, the DHI put/call ratio based on open interest is 0.71 (1,304 puts vs 1,828 calls), and 0.57 based on today's volume. A ratio above 1 means more puts than calls.

What is DHI's implied volatility?

At-the-money implied volatility for DHI options expiring January 21, 2028 is about 37.7%, an annualized estimate of how much the market expects D.R. Horton stock to move.

How many DHI option expiration dates are there?

DHI has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.