2024-06-07 CALL at $355.0 Option on Home Depot
| HD Stock | USD 325.10 1.79 0.55% |
2024-06-07 CALL at $355.0 is a CALL option contract on Home Depot's common stock with a strick price of 355.0 expiring on 2024-06-07. The contract was last traded on 2024-05-23 at 12:17:17 for $0.11 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.3. The implied volatility as of the 26th of May is 24.35.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Home |
Call options on Home Depot give the investor right to buy Home Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Home Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Home Depot's price is above the strike price at expiry, the profit is the current Home Depot's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-07 Option Contract
The options market is anticipating that Home Depot will have an average daily up or down price movement of about 1.52% per day over the life of the option. With Home Depot trading at USD 325.1, that is roughly USD 4.95. If you think that the market is fully understating Home Depot's daily price movement you should consider buying Home Depot options at that current volatility level of 24.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Home Depot
An 'Out of The Money' option on Home has a strike price that Home Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Home Depot's 'Out of The Money' options include buying the options if you expect a big move in Home Depot's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
| Call Contract Name | 2024-06-07 CALL at $355.0 |
| Expires On | 2024-06-07 |
| Days Before Expriration | 12 |
| Last Traded On | 2024-05-23 12:17:17 |
| Contract Period | WEEKLY |
| Open Interest | 147 |
| Current Trading Volume | 0.0 |
| Strike Price | 355.0 |
| Last Traded At | 0.11 |
| Current Price Spread | 0.05 | 0.3 |
| Rule 16 Daily Up or Down | USD4.95 |
Home short CALL Option Greeks
Home Depot's Option Greeks for the contract ending on 2024-06-07 at a strike price of 355.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Home Depot's option greeks, its implied volatility helps estimate the risk of Home Depot stock implied by the prices of the options on Home Depot's stock.
| Delta | 0.0306 | |
| Gamma | 0.0046 | |
| Theta | -0.0405 | |
| Vega | 0.0425 | |
| Rho | 0.0035 |
Home long CALL Option Payoff at expiration
Buying Home Depot's call option is the simplest of option trades. A call option on Home Stock gives investors the right (but not the obligation) to purchase Home Depot at the given strike price. Therefore Home Depot's call intrinsic value or payoff at expiration depends on where the Home Stock price is relative to the call option strike price. The strike price of 355.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Home Depot's price. Finally, at the break-even point of 355.18, the line crosses zero, and trading Home becomes profitable.
Profit |
| Home Depot Price At Expiration |
Home short CALL Option Payoff at expiration
By selling Home Depot's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Home Depot will generally make money when the underlying price goes down. Therefore Home Depot's call intrinsic value or payoff at expiration depends on where the Home Stock price is relative to the call option strike price. The strike price of 355.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Home Depot's price. Finally, at the break-even point of 355.18, the line crosses zero, and trading Home becomes disadvantageous with no downside limits.
Profit |
| Home Depot Price At Expiration |
Home Depot Available Call Options
Home Depot's option chain is a display of a range of information that helps investors for ways to trade options on Home. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Home. It also shows strike prices and maturity days for a Home Depot against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-31 CALL at $200.0 | 0.9654 | 8.0E-4 | 0 | 2024-05-31 | 123.05 - 126.55 | 0.0 | In |
Call | 2024-05-31 CALL at $210.0 | 0.9624 | 9.0E-4 | 0 | 2024-05-31 | 113.7 - 116.55 | 0.0 | In |
Call | 2024-05-31 CALL at $215.0 | 0.9627 | 0.001 | 0 | 2024-05-31 | 107.95 - 111.45 | 0.0 | In |
Call | 2024-05-31 CALL at $220.0 | 0.9611 | 0.0011 | 0 | 2024-05-31 | 102.95 - 106.45 | 0.0 | In |
Call | 2024-05-31 CALL at $225.0 | 0.9553 | 0.0012 | 0 | 2024-05-31 | 97.95 - 101.65 | 0.0 | In |
Call | 2024-05-31 CALL at $230.0 | 0.9542 | 0.0013 | 0 | 2024-05-31 | 93.0 - 96.6 | 0.0 | In |
Call | 2024-05-31 CALL at $235.0 | 0.9531 | 0.0015 | 0 | 2024-05-31 | 87.95 - 91.55 | 0.0 | In |
Call | 2024-05-31 CALL at $240.0 | 0.9474 | 0.0016 | 1 | 2024-05-31 | 82.95 - 86.7 | 105.0 | In |
Call | 2024-05-31 CALL at $245.0 | 0.9471 | 0.0018 | 0 | 2024-05-31 | 78.05 - 81.6 | 0.0 | In |
Call | 2024-05-31 CALL at $250.0 | 0.9443 | 0.002 | 0 | 2024-05-31 | 73.0 - 76.6 | 0.0 | In |
Call | 2024-05-31 CALL at $255.0 | 0.9411 | 0.0022 | 0 | 2024-05-31 | 68.0 - 71.6 | 0.0 | In |
Call | 2024-05-31 CALL at $260.0 | 0.9972 | 3.0E-4 | 0 | 2024-05-31 | 63.9 - 66.5 | 0.0 | In |
Call | 2024-05-31 CALL at $265.0 | 0.9949 | 5.0E-4 | 0 | 2024-05-31 | 58.9 - 61.55 | 0.0 | In |
Call | 2024-05-31 CALL at $270.0 | 0.9925 | 8.0E-4 | 0 | 2024-05-31 | 53.9 - 56.6 | 0.0 | In |
Call | 2024-05-31 CALL at $275.0 | 0.9951 | 6.0E-4 | 0 | 2024-05-31 | 48.9 - 51.55 | 0.0 | In |
Call | 2024-05-31 CALL at $280.0 | 0.9185 | 0.0041 | 0 | 2024-05-31 | 43.65 - 46.6 | 0.0 | In |
Call | 2024-05-31 CALL at $285.0 | 0.9919 | 0.0012 | 0 | 2024-05-31 | 38.95 - 41.55 | 0.0 | In |
Call | 2024-05-31 CALL at $287.5 | 0.9077 | 0.0053 | 0 | 2024-05-31 | 36.3 - 39.1 | 0.0 | In |
Call | 2024-05-31 CALL at $290.0 | 0.9034 | 0.0058 | 0 | 2024-05-31 | 33.65 - 36.6 | 0.0 | In |
Call | 2024-05-31 CALL at $292.5 | 0.9914 | 0.0015 | 0 | 2024-05-31 | 31.4 - 34.1 | 0.0 | In |
Call | 2024-05-31 CALL at $295.0 | 0.8933 | 0.007 | 0 | 2024-05-31 | 28.8 - 31.6 | 0.0 | In |
Call | 2024-05-31 CALL at $297.5 | 0.8897 | 0.0077 | 0 | 2024-05-31 | 26.35 - 29.05 | 0.0 | In |
Call | 2024-05-31 CALL at $300.0 | 0.9859 | 0.0029 | 5 | 2024-05-31 | 23.9 - 26.65 | 31.65 | In |
Call | 2024-05-31 CALL at $302.5 | 0.8728 | 0.0098 | 0 | 2024-05-31 | 21.0 - 24.1 | 0.0 | In |
Call | 2024-05-31 CALL at $305.0 | 0.8855 | 0.0109 | 5 | 2024-05-31 | 18.05 - 21.6 | 21.23 | In |
Call | 2024-05-31 CALL at $307.5 | 0.9986 | 6.0E-4 | 0 | 2024-05-31 | 16.3 - 19.15 | 0.0 | In |
Call | 2024-05-31 CALL at $310.0 | 0.8495 | 0.0151 | 0 | 2024-05-31 | 13.8 - 16.45 | 0.0 | In |
Call | 2024-05-31 CALL at $312.5 | 0.8244 | 0.0181 | 0 | 2024-05-31 | 11.2 - 14.1 | 0.0 | In |
Call | 2024-05-31 CALL at $315.0 | 0.9352 | 0.0182 | 4 | 2024-05-31 | 9.4 - 11.45 | 13.77 | In |
Call | 2024-05-31 CALL at $317.5 | 0.8809 | 0.0297 | 0 | 2024-05-31 | 6.6 - 9.65 | 0.0 | In |
Call | 2024-05-31 CALL at $320.0 | 0.8518 | 0.0454 | 5 | 2024-05-31 | 5.4 - 5.85 | 4.96 | In |
Call | 2024-05-31 CALL at $322.5 | 0.6936 | 0.0636 | 4 | 2024-05-31 | 3.5 - 4.15 | 3.3 | In |
Call | 2024-05-31 CALL at $325.0 | 0.5219 | 0.0796 | 73 | 2024-05-31 | 2.0 - 2.23 | 1.98 | In |
Call | 2024-05-31 CALL at $327.5 | 0.3221 | 0.0746 | 184 | 2024-05-31 | 0.68 - 1.32 | 1.0 | Out |
Call | 2024-05-31 CALL at $330.0 | 0.1911 | 0.0508 | 170 | 2024-05-31 | 0.51 - 0.6 | 0.56 | Out |
Call | 2024-05-31 CALL at $332.5 | 0.1019 | 0.0317 | 196 | 2024-05-31 | 0.23 - 0.32 | 0.27 | Out |
Call | 2024-05-31 CALL at $335.0 | 0.0643 | 0.02 | 703 | 2024-05-31 | 0.15 - 0.2 | 0.12 | Out |
Call | 2024-05-31 CALL at $337.5 | 0.0401 | 0.0126 | 163 | 2024-05-31 | 0.06 - 0.29 | 0.11 | Out |
Call | 2024-05-31 CALL at $340.0 | 0.0254 | 0.008 | 548 | 2024-05-31 | 0.05 - 0.12 | 0.07 | Out |
Call | 2024-05-31 CALL at $342.5 | 0.0227 | 0.0064 | 533 | 2024-05-31 | 0.01 - 0.3 | 0.07 | Out |
Call | 2024-05-31 CALL at $345.0 | 0.0183 | 0.0049 | 474 | 2024-05-31 | 0.04 - 0.1 | 0.06 | Out |
Call | 2024-05-31 CALL at $347.5 | 0.0146 | 0.0038 | 261 | 2024-05-31 | 0.01 - 0.14 | 0.05 | Out |
Call | 2024-05-31 CALL at $350.0 | 0.0113 | 0.0029 | 298 | 2024-05-31 | 0.02 - 0.05 | 0.04 | Out |
Call | 2024-05-31 CALL at $352.5 | 0.0084 | 0.0021 | 90 | 2024-05-31 | 0.02 - 0.11 | 0.03 | Out |
Call | 2024-05-31 CALL at $355.0 | 0.0078 | 0.0018 | 322 | 2024-05-31 | 0.02 - 0.03 | 0.03 | Out |
Call | 2024-05-31 CALL at $357.5 | 0.0144 | 0.0026 | 29 | 2024-05-31 | 0.01 - 0.54 | 0.07 | Out |
Call | 2024-05-31 CALL at $360.0 | 0.005 | 0.0011 | 895 | 2024-05-31 | 0.01 - 0.03 | 0.02 | Out |
Call | 2024-05-31 CALL at $365.0 | 0.0063 | 0.0012 | 320 | 2024-05-31 | 0.01 - 0.07 | 0.03 | Out |
Call | 2024-05-31 CALL at $370.0 | 0.0041 | 8.0E-4 | 134 | 2024-05-31 | 0.01 - 0.05 | 0.02 | Out |
Call | 2024-05-31 CALL at $372.5 | 0.0055 | 9.0E-4 | 0 | 2024-05-31 | 0.01 - 0.05 | 0.0 | Out |
Call | 2024-05-31 CALL at $375.0 | 0.0053 | 9.0E-4 | 33 | 2024-05-31 | 0.0 - 0.25 | 0.03 | Out |
Call | 2024-05-31 CALL at $380.0 | 0.0081 | 0.0011 | 41 | 2024-05-31 | 0.01 - 0.1 | 0.01 | Out |
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Our tools can tell you how much better you can do entering a position in Home Depot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Home Depot Corporate Directors
Home Depot corporate directors refer to members of a Home Depot board of directors. The board of directors generally takes responsibility for the Home Depot's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Home Depot's board members must vote for the resolution. The Home Depot board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ari Bousbib | Independent Director | Profile | |
| Greg Brenneman | Lead Independent Director | Profile | |
| Gerard Arpey | Independent Director | Profile | |
| Gregory Brenneman | Lead Independent Director | Profile |
Already Invested in Home Depot?
The danger of trading Home Depot is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Home Depot is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Home Depot. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Home Depot is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Home Depot is a strong investment it is important to analyze Home Depot's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Home Depot's future performance. For an informed investment choice regarding Home Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Home Stock analysis
When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 6.43 | Earnings Share 14.92 | Revenue Per Share 152.785 | Quarterly Revenue Growth (0.02) |
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.