Home Depot’s most recent trend suggests a bullish bias. One trading opportunity on Home Depot is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 5.93% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $157.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Home Depot is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Home Depot is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Home Depot
[$$] Home Depot Democrats?
Mon, 09 Oct 2017 19:08:23 +0000
Millennials who went for Obama are now becoming homeowners.
How Home Depot’s Dividend Yield Has Trended
Mon, 09 Oct 2017 18:06:24 +0000
Home Depot (HD) posted a 7% increase in net sales for 2017 compared to 6.4% in 2016 and 6% in 2015.
Home Depot Inc (HD) Stock Is Quickly Becoming a Great E-Commerce Investment
Mon, 09 Oct 2017 16:32:19 +0000
Last month, Home Depot Inc (NYSE:HD) unveiled a clever little tool that allows consumers that own Google Home devices — the voice-activated smart-home interface from Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) — to order goods from the retailer with nothing more than a spoken word. It may not be a reason in and of itself to buy HD stock, but it’s certainly an interesting side story. For Home Depot’s voice-ordering option is a microcosm of how well this hardware store is winning the online war it’s waging — not just against Lowe’s Companies, Inc. (NYSE:LOW), but against Amazon.com, Inc. (NASDAQ:AMZN) as well.
How Trade Intel, Home Depot And 2 Other Stocks That Set Postelection Highs
Mon, 09 Oct 2017 13:44:00 +0000
These four stock set postelection intraday highs last week. Here’s how to trade them now.
Amazon, Home Depot, Starbucks Could Move Higher
Mon, 09 Oct 2017 10:00:00 +0000
Consumer discretionary stocks are poised to climb led by this triumvirate of retail juggernauts.
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