Home Depot (HD) Offering Possible 16.82% Return Over the Next 10 Calendar Days

Home Depot's most recent trend suggests a bullish bias. One trading opportunity on Home Depot is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 16.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $127.00 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 at 78.44 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Home Depot

Home Depot reaffirms outlook … with eye on dollar
Tue, 08 Dec 2015 12:08:44 GMT

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Tue, 08 Dec 2015 11:57:19 GMT

6:16 am Home Depot updates its long-term financial targets; reaffirms this FY EPS and revs
Tue, 08 Dec 2015 11:16:00 GMT

The Home Depot Updates Strategic Priorities; Confirms Fiscal Year 2015 Sales and Diluted Earnings-Per-Share Guidance and Outlines Long-Term Financial Targets
Tue, 08 Dec 2015 11:15:23 GMT
noodls – The Home Depot Updates Strategic Priorities; Confirms Fiscal Year 2015 Sales and Diluted Earnings-Per-Share Guidance and Outlines Long-Term Financial Targets

The Home Depot Updates Strategic Priorities; Confirms Fiscal Year 2015 Sales and Diluted Earnings-Per-Share Guidance and Outlines Long-Term Financial Targets
Tue, 08 Dec 2015 11:00:00 GMT
PR Newswire – The Company will provide an update on the key initiatives under its strategic framework, which focuses on creating value by connecting the business end-to-end. Under this framework, which the Company calls Interconnecting Retail, the Company continues to be centered on Customer Experience, Product Authority and Productivity. Customer Experience: The Company will provide an overview of its targeted customer base.

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