2024-06-07 PUT at $400.0 Option on Home Depot
| HD Stock | USD 330.59 5.56 1.65% |
2024-06-07 PUT at $400.0 is a PUT option contract on Home Depot's common stock with a strick price of 400.0 expiring on 2024-06-07. The contract was not traded in recent days and, as of today, has 15 days remaining before the expiration. The option is currently trading at a bid price of $69.6, and an ask price of $73.4. The implied volatility as of the 23rd of May is 72.27.
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 |
A put option written on Home Depot becomes more valuable as the price of Home Depot drops. Conversely, Home Depot's put option loses its value as Home Stock rises. When exercised, put options on Home Depot produce a short position in Home Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Home Depot's downside price movement.
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 4.52% per day over the life of the option. With Home Depot trading at USD 330.59, that is roughly USD 14.93. 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 72.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Home Depot
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Home Depot positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Home Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Put Contract Name | 2024-06-07 PUT at $400.0 |
| Expires On | 2024-06-07 |
| Days Before Expriration | 15 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | WEEKLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 400.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 69.6 | 73.4 |
| Rule 16 Daily Up or Down | USD14.93 |
Home short PUT Option Greeks
Home Depot's Option Greeks for the contract ending on 2024-06-07 at a strike price of 400.0 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 | -0.8909 | |
| Gamma | 0.0039 | |
| Theta | -0.2795 | |
| Vega | 0.1244 | |
| Rho | -0.0977 |
Home long PUT Option Payoff at expiration
Put options written on Home Depot grant holders of the option the right to sell a specified amount of Home Depot at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Home Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Home Depot is like buying insurance aginst Home Depot's downside shift.
Profit |
| Home Depot Price At Expiration |
Home short PUT Option Payoff at expiration
By selling Home Depot's put option, the investors signal their bearish sentiment. A short position in a put option written on Home Depot will generally make money when the underlying price is above the strike price. Therefore Home Depot's put payoff at expiration depends on where the Home Stock price is relative to the put option strike price. The breakeven price of 328.5 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Home Depot's price. Finally, at the strike price of 400.0, the payoff chart is constant and positive.
Profit |
| Home Depot Price At Expiration |
Home Depot Available Put 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 | |||
Put | 2024-05-24 PUT at $285.0 | -0.002 | 4.0E-4 | 44 | 2024-05-24 | 0.01 - 1.03 | 0.01 | Out |
Put | 2024-05-24 PUT at $290.0 | -0.0054 | 9.0E-4 | 127 | 2024-05-24 | 0.01 - 0.05 | 0.11 | Out |
Put | 2024-05-24 PUT at $295.0 | -0.0162 | 0.0023 | 26 | 2024-05-24 | 0.01 - 0.2 | 0.01 | Out |
Put | 2024-05-24 PUT at $300.0 | -0.0087 | 0.0017 | 55 | 2024-05-24 | 0.01 - 0.07 | 0.04 | Out |
Put | 2024-05-24 PUT at $305.0 | -0.0091 | 0.0022 | 67 | 2024-05-24 | 0.01 - 0.06 | 0.07 | Out |
Put | 2024-05-24 PUT at $310.0 | -0.0121 | 0.0033 | 189 | 2024-05-24 | 0.02 - 0.17 | 0.04 | Out |
Put | 2024-05-24 PUT at $312.5 | -0.0205 | 0.0054 | 0 | 2024-05-24 | 0.0 - 0.68 | 0.07 | Out |
Put | 2024-05-24 PUT at $315.0 | -0.023 | 0.0068 | 307 | 2024-05-24 | 0.0 - 0.68 | 0.07 | Out |
Put | 2024-05-24 PUT at $317.5 | -0.0341 | 0.0102 | 5 | 2024-05-24 | 0.04 - 0.16 | 0.07 | Out |
Put | 2024-05-24 PUT at $320.0 | -0.0573 | 0.0167 | 1258 | 2024-05-24 | 0.05 - 0.2 | 0.17 | Out |
Put | 2024-05-24 PUT at $322.5 | -0.0901 | 0.0263 | 109 | 2024-05-24 | 0.14 - 0.27 | 0.26 | Out |
Put | 2024-05-24 PUT at $325.0 | -0.1553 | 0.0424 | 1041 | 2024-05-24 | 0.3 - 0.5 | 0.46 | Out |
Put | 2024-05-24 PUT at $327.5 | -0.267 | 0.0646 | 401 | 2024-05-24 | 0.77 - 0.9 | 0.92 | Out |
Put | 2024-05-24 PUT at $330.0 | -0.4488 | 0.0786 | 1054 | 2024-05-24 | 1.58 - 1.73 | 1.72 | Out |
Put | 2024-05-24 PUT at $332.5 | -0.6462 | 0.0755 | 323 | 2024-05-24 | 2.68 - 3.15 | 3.06 | In |
Put | 2024-05-24 PUT at $335.0 | -0.8759 | 0.0546 | 617 | 2024-05-24 | 4.1 - 5.15 | 5.2 | In |
Put | 2024-05-24 PUT at $337.5 | -0.8083 | 0.0354 | 340 | 2024-05-24 | 6.1 - 9.0 | 7.7 | In |
Put | 2024-05-24 PUT at $340.0 | -0.8048 | 0.0261 | 545 | 2024-05-24 | 8.6 - 11.6 | 10.52 | In |
Put | 2024-05-24 PUT at $342.5 | -0.7623 | 0.0195 | 281 | 2024-05-24 | 10.95 - 14.15 | 14.05 | In |
Put | 2024-05-24 PUT at $345.0 | -0.7867 | 0.017 | 195 | 2024-05-24 | 13.7 - 16.55 | 16.42 | In |
Put | 2024-05-24 PUT at $347.5 | -0.9419 | 0.0112 | 18 | 2024-05-24 | 15.35 - 18.95 | 19.2 | In |
Put | 2024-05-24 PUT at $350.0 | -0.9061 | 0.0119 | 25 | 2024-05-24 | 18.45 - 21.55 | 21.95 | In |
Put | 2024-05-24 PUT at $352.5 | -0.8443 | 0.0118 | 1 | 2024-05-24 | 21.25 - 24.1 | 23.5 | In |
Put | 2024-05-24 PUT at $355.0 | -0.8688 | 0.0104 | 1 | 2024-05-24 | 23.35 - 25.7 | 23.6 | In |
Put | 2024-05-24 PUT at $357.5 | -0.9269 | 0.008 | 0 | 2024-05-24 | 25.85 - 29.05 | 9.73 | In |
Put | 2024-05-24 PUT at $360.0 | -0.9267 | 0.0073 | 0 | 2024-05-24 | 28.45 - 31.55 | 20.85 | In |
Put | 2024-05-24 PUT at $362.5 | -0.9424 | 0.0061 | 0 | 2024-05-24 | 30.55 - 34.15 | 0.0 | In |
Put | 2024-05-24 PUT at $365.0 | -0.9515 | 0.0052 | 0 | 2024-05-24 | 32.9 - 36.65 | 0.0 | In |
Put | 2024-05-24 PUT at $367.5 | -0.9344 | 0.0056 | 0 | 2024-05-24 | 35.9 - 39.15 | 0.0 | In |
Put | 2024-05-24 PUT at $370.0 | -0.9272 | 0.0056 | 0 | 2024-05-24 | 38.7 - 41.65 | 30.0 | In |
Put | 2024-05-24 PUT at $372.5 | -0.9443 | 0.0046 | 0 | 2024-05-24 | 40.8 - 44.1 | 0.0 | In |
Put | 2024-05-24 PUT at $375.0 | -0.9445 | 0.0044 | 0 | 2024-05-24 | 43.35 - 46.6 | 0.0 | In |
Put | 2024-05-24 PUT at $377.5 | -0.9417 | 0.0043 | 0 | 2024-05-24 | 46.0 - 49.1 | 0.0 | In |
Put | 2024-05-24 PUT at $380.0 | -0.9512 | 0.0037 | 0 | 2024-05-24 | 48.3 - 51.55 | 0.0 | In |
Put | 2024-05-24 PUT at $382.5 | -0.9527 | 0.0035 | 0 | 2024-05-24 | 50.85 - 54.0 | 0.0 | In |
Put | 2024-05-24 PUT at $385.0 | -0.975 | 0.0023 | 0 | 2024-05-24 | 52.75 - 56.5 | 0.0 | In |
Put | 2024-05-24 PUT at $387.5 | -0.97 | 0.0025 | 0 | 2024-05-24 | 55.3 - 59.1 | 0.0 | In |
Put | 2024-05-24 PUT at $390.0 | -0.961 | 0.0028 | 0 | 2024-05-24 | 58.1 - 61.6 | 29.22 | In |
Put | 2024-05-24 PUT at $395.0 | -0.9644 | 0.0025 | 0 | 2024-05-24 | 63.05 - 66.6 | 0.0 | In |
Put | 2024-05-24 PUT at $400.0 | -0.9618 | 0.0027 | 0 | 2024-05-24 | 68.2 - 71.6 | 50.79 | In |
Put | 2024-05-24 PUT at $405.0 | -0.9747 | 0.0018 | 0 | 2024-05-24 | 72.85 - 76.55 | 0.0 | In |
Put | 2024-05-24 PUT at $410.0 | -0.9772 | 0.0016 | 0 | 2024-05-24 | 77.75 - 81.6 | 0.0 | In |
Put | 2024-05-24 PUT at $415.0 | -0.9712 | 0.0017 | 0 | 2024-05-24 | 83.0 - 86.6 | 0.0 | In |
Put | 2024-05-24 PUT at $420.0 | -0.9789 | 0.0013 | 0 | 2024-05-24 | 87.75 - 91.6 | 0.0 | In |
Put | 2024-05-24 PUT at $425.0 | -0.9743 | 0.0015 | 0 | 2024-05-24 | 92.9 - 96.65 | 0.0 | In |
Put | 2024-05-24 PUT at $430.0 | -0.9845 | 0.001 | 0 | 2024-05-24 | 97.7 - 101.5 | 0.0 | In |
Put | 2024-05-24 PUT at $435.0 | -0.9822 | 0.001 | 0 | 2024-05-24 | 102.75 - 106.55 | 0.0 | In |
Put | 2024-05-24 PUT at $440.0 | -0.9827 | 0.001 | 0 | 2024-05-24 | 107.75 - 111.55 | 0.0 | In |
Put | 2024-05-24 PUT at $445.0 | -0.9738 | 0.0012 | 0 | 2024-05-24 | 113.1 - 116.6 | 0.0 | In |
Put | 2024-05-24 PUT at $450.0 | -0.9862 | 8.0E-4 | 0 | 2024-05-24 | 117.7 - 121.5 | 0.0 | In |
Put | 2024-05-24 PUT at $455.0 | -0.9892 | 6.0E-4 | 0 | 2024-05-24 | 122.7 - 126.4 | 0.0 | In |
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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 14.93 | 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.