D.R. Horton has made a big move, and one investor is determined to make some money from the name.

optionMONSTER's monitoring systems detected the sale of 3,000 January 2014 10 puts for $0.29 against open interest of just 62 contracts. The trade dominated activity in Friday's shortened trading session.

The investor has pledged to buy shares in the Fort Worth-based homebuilder for $10 in the next 14 months. If it stays above that level, the trader will keep the $0.29 as the contracts expire worthless. Below $10, the effective entry price would be $9.71 because of the credit earned.

DHI rose 0.41 percent to $19.53 on Friday and has more than doubled since October 2011. Homebuilders have been roaring back to life in the last 13 months as residential real estate begins to rebound from the subprime crash. But before that recovery, DHI fluctuated on either side of $10 for several years, which could make some traders think that it's now a good level to write puts . (See our Education section)

More than 3,900 contracts traded in the stock on Friday, almost twice the daily average, according to optionMONSTER data.

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