Home Depot (HD) Offering Possible 8.46% Return Over the Next 7 Calendar Days

Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $187.50 short call and a strike $192.50 long call offers a potential 8.46% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $187.50 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock rose above the $192.50 long call 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 down which suggests that the medium-term momentum for Home Depot is bearish.

The RSI indicator is at 39.43 level which suggests that the stock is neither overbought nor oversold at this time.

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

Cramer: Selling these retail stocks might be going back to the company
Thu, 07 Mar 2019 00:14:04 +0000
Jim Cramer explains how ditching retailers like Home Depot and Target could play right into their buyback programs.

Jim Cramer: Now We've Got FOBS, Fear of Big Sellers
Thu, 07 Mar 2019 00:01:00 +0000
By now you have heard of FOMO, or Fear of Missing Out. It's what happens when you watch stocks go ever higher and decide, what the heck, I want in, I want to buy stocks, I want ETFs, I want index funds.

CEOs tell Trump they are hiring more Americans without college degrees
Wed, 06 Mar 2019 23:39:48 +0000
Chief executives of major companies said at a White House forum on Wednesday that they are hiring more Americans without college degrees as they search to find increasingly scarce applicants for open jobs. The White House hosted CEOs of major corporations who joined a Trump administration advisory board on workforce issues, including from Apple Inc, IBM Corp, Lockheed Martin Corp, Siemens USA and Home Depot Inc, who are part of a 25-member board co-chaired by President Donald Trump's daughter and adviser Ivanka Trump and Commerce Secretary Wilbur Ross.

Watch: Trump gives remarks after meeting with CEOs of Apple, Lockheed Martin and Home Depot
Wed, 06 Mar 2019 20:50:48 +0000
President Donald Trump is set to give remarks after meeting with the CEOs of some of America's largest companies at the White House on Wednesday. More than a year after Trump's business councils were scrapped amid the fallout from Trump's comments about a white supremacist rally in Charlottesville, Virginia, a handful of chief executives and other business and political leaders convened for the first American Workforce Policy Advisory Board meeting. A dozen CEOs — including Apple's Tim Cook, Marillyn Hewson of Lockheed Martin, The Home Depot's Craig Menear and Barbara Humpton of Siemens USA — were scheduled to attend the event.

Key Factors to Impact Plymouth Industrial (PLYM) Q4 Earnings
Wed, 06 Mar 2019 20:43:08 +0000
Plymouth Industrial's (PLYM) Q4 results are likely to reflect healthy fundamentals of the industrial real estate market and benefits from strategic investments.

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