Consumer Discretionary Consumer Reference Data Updated 2026-05-31

DHI Gamma Exposure, IV Rank & Implied Volatility

D.R. Horton Inc. (DHI) options data — GEX, IV rank, options chain & Greeks

DHI options trade with implied volatility typically in the 20% - 45% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

IV Rank 60.8 /100
IV 15.7%
Simulated data for display · open live DHI on the platform →

An IV rank near 60.8 (the value shown here is illustrative) would mean implied volatility is in roughly the 60.8th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live DHI IV rank from ORATS, open the dashboard.

IV History (Simulated · Illustrative Only) Range 11.5%23.97%

Chart shows simulated data for display purposes. View the real DHI IV history on the live platform →

Comprehensive options market data for D.

DHI Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 20% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
20% - 45%
Market Cap
$45B+
Weeklies
Yes

1 About D.R. Horton Inc. (DHI)

D.R. Horton is the largest homebuilder in the U.S. by volume, constructing homes across 33 states. The company targets first-time and move-up buyers with diverse price points.

Company Profile

Sector Consumer Discretionary
Industry Residential Construction
Market Cap $45B+
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End September

D.R. Horton Inc. operates in the Consumer Discretionary sector.

2 DHI Options Market Overview

DHI options provide good liquidity for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

DHI options are available for trading across multiple expirations.

3 DHI Implied Volatility & IV Rank

DHI implied volatility reflects consumer spending trends and competitive dynamics. IV patterns are influenced by earnings, sales data, and consumer sentiment.

Low IV Environment
20% - 26%
Below average volatility
Typical IV Range
26% - 38%
Normal conditions
Elevated IV
38% - 45%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

The post-earnings volatility drop is known as IV crush. Holders of short DHI options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

DHI IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View DHI Volatility Lab

DHI Gamma Exposure (GEX)

Gamma Exposure analysis for DHI reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: DHI tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live DHI GEX

4 Common DHI Options Strategies

These are strategies commonly used by traders on DHI options, based on typical market characteristics. This is not investment advice.

Popular for DHI shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on DHI.

Range-bound strategy for DHI between events.

Key Considerations for DHI Options

  • DHI options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

Frequently Asked Questions: DHI Options

What is DHI's typical implied volatility?

DHI implied volatility typically ranges from 20% - 45%.

Does DHI have weekly options?

DHI offers weekly options.

What is DHI's options trading profile?

DHI (D.R. Horton Inc.) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 20% - 45% range. The position sits in the Consumer Discretionary category for portfolio diversification and options strategy design.

How does DHI implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on DHI?

Popular strategies on DHI options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 20% - 45% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is DHI's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence DHI's intraday price action. DHI tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live DHI GEX levels and the gamma-flip point on ApexVol.

What is DHI's IV rank?

DHI's IV rank shows where DHI's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. DHI implied volatility typically ranges from 20% - 45%. Check DHI's live IV rank and percentile on ApexVol's IV analytics.

AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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