Understanding Home Depot's Latest Options Activity Insights
Current Options Trading Overview for Home Depot
Recently, substantial investors have shown a notably bearish trend regarding Home Depot, revealing new insights into options trading with the stock ticker HD.
Options Trading Statistics
Upon examining the options history for Home Depot, there have been a total of 25 detected trades. In this overview, 32% of the trades were initiated with bullish expectations, while a larger 36% reflected bearish sentiments.
Among the trades recorded, investors engaged in 19 put options amounting to $1,459,710, contrasted with 6 call options that totaled $448,897.
Predicted Price Ranges
Based on the measured trading activity, it seems that investors are targeting a price corridor for Home Depot between $250.0 and $415.0 over the last three months.
Volume and Open Interest Analysis
In the current trading context, the average open interest for Home Depot's options reached 234.31, accompanied by an impressive total volume of 4,323.00. Recent trends reveal patterns in call and put option volumes within the specified strike price range during the past 30 days.
30-Day Overview of Call and Put Volumes
In these thirty days, notable trading actions have come forth that warrant attention.
Key Options Trades Observed
Several significant options trades were recorded, highlighting shifts in market sentiment:
- Symbol: HD | PUT/CALL: PUT | Trade Type: SWEEP | Sentiment: BEARISH | Expiration Date: 09/18/26 | Ask Price: $7.75 | Bid Price: $7.45 | Share Price: $7.65 | Strike Price: $310.00 | Total Price: $459.0K | Open Interest: 111 | Volume: 602
- Symbol: HD | PUT/CALL: PUT | Trade Type: SWEEP | Sentiment: BEARISH | Expiration Date: 09/05/25 | Ask Price: $2.97 | Bid Price: $2.86 | Share Price: $2.97 | Strike Price: $405.00 | Total Price: $147.6K | Open Interest: 313 | Volume: 678
- Symbol: HD | PUT/CALL: CALL | Trade Type: TRADE | Sentiment: NEUTRAL | Expiration Date: 12/18/26 | Ask Price: $163.0 | Bid Price: $160.8 | Share Price: $161.8 | Strike Price: $250.00 | Total Price: $145.6K | Open Interest: 9 | Volume: 9
- Symbol: HD | PUT/CALL: CALL | Trade Type: TRADE | Sentiment: NEUTRAL | Expiration Date: 03/20/26 | Ask Price: $159.3 | Bid Price: $158.1 | Share Price: $158.8 | Strike Price: $250.00 | Total Price: $142.9K | Open Interest: 31 | Volume: 0
- Symbol: HD | PUT/CALL: PUT | Trade Type: SWEEP | Sentiment: NEUTRAL | Expiration Date: 10/03/25 | Ask Price: $8.8 | Bid Price: $8.6 | Share Price: $8.71 | Strike Price: $405.00 | Total Price: $109.7K | Open Interest: 9 | Volume: 396
Understanding Home Depot
As the foremost specialist in home improvement retail globally, Home Depot operates 2,353 warehouse-style stores, boasting over 30,000 products available in stores and 1 million online products across the US, Canada, and Mexico. The stores provide materials for construction, gardening, and home decor, in addition to a variety of services like installation and tool rentals.
With the acquisition of Interline Brands in 2015, Home Depot stepped into the Maintenance, Repair, and Operations (MRO) sector. The firm is expanding in this field through its partnership with HD Supply and the anticipated acquisition of GMS, which aims to bolster building product sales.
Current Market Position of Home Depot
- The share price of HD is currently at $406.26, with a slight decline of -0.13% on a volume of 2,017,969.
- RSI indicators suggest that the stock could be nearing overbought territory.
- The next earnings announcement is expected in approximately two months.
Analyst Insights on Home Depot
Over the last month, five analysts have weighed in on the stock, with an average target price set at $439.0. Noteworthy ratings include a strong Buy rating from Truist Securities with a target of $433, while Baird maintains an Outperform rating at a target of $450. Additional analysts from Stifel, Wells Fargo, and Morgan Stanley have likewise issued upbeat predictions, keeping targets in the $430 to $450 range.
Engaging in options trading implies greater risks compared to standard stock trading but offers a chance for substantial returns. To manage these risks effectively, seasoned traders emphasize continuous education, strategic trade scaling, and comprehensive market monitoring.
Frequently Asked Questions
What is Home Depot's stock ticker?
The stock ticker for Home Depot is HD.
What types of options trades were observed recently?
Recent trades included both bullish and bearish options, with a significant quantity of put options being executed.
How many trades were detected in the latest options data?
A total of 25 trades were detected, indicating active trading in Home Depot options.
What is the average target price set by analysts for Home Depot?
Analysts have collectively set an average target price of $439.0 for Home Depot.
What should investors know about options trading risks?
Options trading carries higher risks than stock trading, necessitating careful strategy and market awareness to optimize potential returns.
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