7/24/2024-Unusual Options Activity In DHI

$DHI-Bearish flow noted in D R Horton (172.60 -3.96) with 10,125 puts trading, or 2x expected. The Put/Call Ratio is 2.29, while ATM IV is up nearly 2 points on the day. Earnings are expected on 11/04. Sellers & put buyers showing up after a long run up.