TRU-SENTIMENT · DeltaNeutral
DY Trading Analysis - 09/11/2026 11:52 AM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
DY (Dycom Industries, Inc.) at $306.14. True Sentiment Bearish, delta 40-60 call 31% / put 69%, call $30,590 vs put $67,330. RSI 21.5.
- Symbol
- DY
- Price
- $306.14
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 11:52:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):- Overall sentiment: Bearish
- Call dollar volume: $30,590
- Put dollar volume: $67,330
- Put/call ratio: 68.8% / 31.2%
The options sentiment is bearish, with higher put dollar volume.
Key Statistics: DY
Fundamental Snapshot
Valuation
| P/E (Trailing) | N/A |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | N/A |
Profitability
| EPS (Trailing) | N/A |
| EPS (Forward) | N/A |
| ROE | N/A |
| Net Margin | N/A |
Financial Health
| Revenue (TTM) | N/A |
| Debt/Equity | 2.17 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for DY (Dycom Industries) include:
- DYcom Industries to Present at the 2024 CAA Investor Conference
- Q2 2026 Earnings Report: DYcom Industries beats EPS expectations
- DYcom Industries announces a new $100 million share repurchase program
These headlines suggest potential positive momentum for DY, with earnings beats and strategic investor initiatives.
Fundamental Analysis:
Based on the provided FUNDAMENTALS data, we note:
- Debt/Equity ratio: 2.17, indicating relatively high leverage
- No specific data on revenue growth, profit margins, EPS, or P/E ratio
Limited fundamental data makes it challenging to draw comprehensive conclusions. The high debt-to-equity ratio could be a concern.
Current Market Position:
Current price: $306.14
Recent price action: The stock has been trading in a range with a recent uptick.
Key support and resistance levels:
- Support: around $290 (recent low)
- Resistance: around $310 (recent high)
Technical Analysis:
Technical Indicators
- SMA 5: $299.14
- SMA 20: $338.77
- SMA 50: $384.77
- RSI: 21.48 (oversold)
- MACD: -30.65 (bearish)
The technical indicators show a bearish trend with the stock in oversold territory (RSI 21.48).
True Sentiment Analysis (Delta 40-60 Options):
- Overall sentiment: Bearish
- Call dollar volume: $30,590
- Put dollar volume: $67,330
- Put/call ratio: 68.8% / 31.2%
The options sentiment is bearish, with higher put dollar volume.
Key Price Levels:
25-Day Price Forecast:
DY is projected for $295.00 to $315.00
Based on current trends, momentum, and indicators, the stock is likely to trade within this range over the next 25 days.
Defined Risk Strategy Recommendations:
- Strategy 1: Bull Call Spread - Buy 310C, Sell 320C (expiring Oct 16)
- Strategy 2: Bear Put Spread - Buy 290P, Sell 280P (expiring Oct 16)
- Strategy 3: Iron Condor - Buy 280P, Sell 290P, Buy 310C, Sell 320C (expiring Oct 16)
These strategies align with the projected price range and offer defined risk.
Risk Factors:
- Technical weaknesses: bearish MACD, oversold RSI
- Sentiment divergences: bearish options sentiment vs. recent price uptick
- Volatility: ATR 17.13 indicates moderate volatility
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Monitor DY for a bounce from oversold levels, with defined risk strategies.
View DY Options Chain