Technical Support Building Below This Construction Stock

Core Insights - D.R. Horton Inc (NYSE:DHI) has retraced to multiple support levels, including its 200-day moving average and year-to-date anchored volume-weighted average price (AVWAP) [2] - The stock is also near its year-to-date breakeven level and a 61.8% Fibonacci retracement from its 2025 lows to highs [2] Options Market Analysis - DHI is approaching the second largest put open interest (OI) level for the second month contract, indicating potential support [4] - Despite a slight unwinding of pessimism among options traders, puts still outnumber calls, with a 10-day put/call volume ratio of 1.13 at major exchanges [4] - The current options are reasonably priced, with a Schaeffer's Volatility Index (SVI) of 35%, ranking in the low 15th percentile of its annual range, suggesting low volatility expectations [5] Trading Recommendations - A recommended call option has a leverage ratio of 7.5, which will double with a 12.9% increase in the underlying equity [6]