Home Depot Stock Options

HD
 Stock
  

USD 283.70  7.76  2.81%   

Home Depot's option chain provides insight into all available option contracts written on Home Depot's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Home Depot's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Home Depot option contract. View S&P 500 options
  
Purchasing Home Depot options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Home Depot calls. Remember, the seller must deliver Home Depot stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Home Depot

Analyzing Home Depot's in-the-money options over time can help investors to take a profitable long position in Home Depot regardless of its overall volatility. This is especially true when Home Depot's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Home Depot's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Home Depot's stock while costing only a fraction of its price.
Home Depot's latest option contracts expiring on 2022-10-07 are carrying combined implied volatility of 38.11 with a put-to-call open interest ratio of 0.8 over 132 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2022-10-07. The current put volume is at 4720, with calls trading at the volume of 6196. This yields a 0.76 put-to-call volume ratio. The Home Depot option chain provides detailed quote and price information for the current Home Depot option contracts. It shows all of Home Depot's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-10-07 Option Contracts

Home Depot option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Home Depot's lending market. For example, when Home Depot's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Home Depot, he or she must hedge the risk by shorting Home Depot stock over its option's life.
The chart above shows Home Depot's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Home Depot's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Home Depot's option, there is no secondary market available for investors to trade.

Home Depot Maximum Pain Price across 2022-10-07 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Home Depot close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Home Depot's stock options are financial instruments that give investors the right to buy or sell shares of Home Depot common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Home Depot stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Home Depot's stock price goes up or down, the stock options follow.
Please check Risk vs Return Analysis.
Please note that buying 'in-the-money' options on Home Depot lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Home Depot's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Home Depot contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Home Depot Stock moves the wrong way.

Home Depot In The Money Call Balance

When Home Depot's strike price is surpassing the current stock price, the option contract against Home Depot stock is said to be in the money. When it comes to buying Home Depot's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Home Depot are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Home Depot Current Options Market Mood

Home Depot's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Home Depot Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Home Depot's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Home Depot's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Home Depot's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Home Depot contract

Base on the Rule 16, the options market is currently suggesting that Home Depot will have an average daily up or down price movement of about 2.38% per day over the life of the 2022-10-07 option contract. With Home Depot trading at $283.7, that is roughly $6.76. If you think that the market is fully incorporating Home Depot's daily price movement you should consider buying Home Depot options at the current volatility level of 38.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Home Depot Option Chain

When Home Depot's strike price is surpassing the current stock price, the option contract against Home Depot stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
2022-10-072022-10-142022-10-212022-10-282022-11-042022-11-112022-11-182022-12-162023-01-202023-02-172023-03-172023-05-192023-06-162024-01-192025-01-17
Home Depot's option chain is a display of a range of information that helps investors for ways to trade options on Home Depot. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Home Depot. 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-10-07 CALL at $180.00.96680.001102022-10-0795.05 - 98.750.0In
Call
2022-10-07 CALL at $185.00.96560.001202022-10-0790.15 - 93.60.0In
Call
2022-10-07 CALL at $190.00.97060.001202022-10-0784.3 - 88.950.0In
Call
2022-10-07 CALL at $195.00.95960.001502022-10-0779.9 - 84.00.0In
Call
2022-10-07 CALL at $200.00.95870.0016102022-10-0774.85 - 78.950.0In
Call
2022-10-07 CALL at $205.00.95610.001802022-10-0770.15 - 73.650.0In
Call
2022-10-07 CALL at $210.00.94940.002112022-10-0765.05 - 69.066.4In
Call
2022-10-07 CALL at $215.00.94920.002422022-10-0760.2 - 63.6564.55In
Call
2022-10-07 CALL at $220.00.94650.002702022-10-0755.1 - 58.70.0In
Call
2022-10-07 CALL at $222.50.94450.00312022-10-0752.6 - 56.255.7In
Call
2022-10-07 CALL at $225.00.93680.003202022-10-0750.1 - 54.00.0In
Call
2022-10-07 CALL at $227.50.94110.003302022-10-0747.25 - 51.50.0In
Call
2022-10-07 CALL at $230.00.93160.003802022-10-0745.4 - 48.70.0In
Call
2022-10-07 CALL at $232.50.94050.003802022-10-0742.0 - 46.550.0In
Call
2022-10-07 CALL at $235.00.9320.004202022-10-0739.8 - 44.00.0In
Call
2022-10-07 CALL at $237.50.92310.004802022-10-0737.4 - 41.650.0In
Call
2022-10-07 CALL at $240.00.88930.005752022-10-0735.3 - 38.7537.8In
Call
2022-10-07 CALL at $242.50.91280.005822022-10-0732.7 - 36.4526.5In
Call
2022-10-07 CALL at $245.00.89770.0066112022-10-0730.2 - 34.423.75In
Call
2022-10-07 CALL at $247.50.89080.007432022-10-0728.1 - 31.5521.4In
Call
2022-10-07 CALL at $250.00.88660.008242022-10-0725.0 - 29.5523.2In
Call
2022-10-07 CALL at $252.50.8940.009322022-10-0722.4 - 26.618.35In
Call
2022-10-07 CALL at $255.00.78980.01242022-10-0720.55 - 24.824.56In
Call
2022-10-07 CALL at $257.50.81810.012102022-10-0719.05 - 20.9520.7In
Call
2022-10-07 CALL at $260.00.83440.0142402022-10-0716.75 - 18.318.95In
Call
2022-10-07 CALL at $262.50.77650.0157142022-10-0714.95 - 17.014.8In
Call
2022-10-07 CALL at $265.00.77040.0193332022-10-0713.1 - 13.5513.1In
Call
2022-10-07 CALL at $267.50.71780.02161462022-10-0711.0 - 11.5513.2In
Call
2022-10-07 CALL at $270.00.66240.02382132022-10-079.35 - 9.659.85In
Call
2022-10-07 CALL at $272.50.60240.02582022022-10-077.65 - 7.958.7In
Call
2022-10-07 CALL at $275.00.53710.02827332022-10-076.1 - 6.356.1In
Call
2022-10-07 CALL at $277.50.4660.02843602022-10-074.6 - 5.04.85Out
Call
2022-10-07 CALL at $280.00.39020.02894532022-10-073.55 - 3.83.55Out
Call
2022-10-07 CALL at $282.50.31960.02725352022-10-072.6 - 2.782.66Out
Call
2022-10-07 CALL at $285.00.25110.02485032022-10-071.8 - 1.991.88Out
Call
2022-10-07 CALL at $287.50.19320.02152132022-10-071.21 - 1.371.33Out
Call
2022-10-07 CALL at $290.00.14190.01796452022-10-070.8 - 0.930.89Out
Call
2022-10-07 CALL at $292.50.09750.01411632022-10-070.53 - 0.620.55Out
Call
2022-10-07 CALL at $295.00.07070.0112262022-10-070.33 - 0.410.38Out
Call
2022-10-07 CALL at $297.50.04640.0083352022-10-070.21 - 0.270.23Out
Call
2022-10-07 CALL at $300.00.03330.0063142022-10-070.15 - 0.180.16Out
Call
2022-10-07 CALL at $302.50.02520.0046352022-10-070.08 - 0.120.12Out
Call
2022-10-07 CALL at $305.00.01740.00331742022-10-070.05 - 0.080.08Out
Call
2022-10-07 CALL at $307.50.01140.0023822022-10-070.04 - 0.060.1Out
Call
2022-10-07 CALL at $310.00.00810.00173352022-10-070.03 - 0.040.1Out
Call
2022-10-07 CALL at $312.50.00680.001412022-10-070.01 - 0.050.05Out
Call
2022-10-07 CALL at $315.00.00970.00173052022-10-070.0 - 0.040.05Out
Call
2022-10-07 CALL at $317.50.00620.001102022-10-070.0 - 0.040.03Out
Call
2022-10-07 CALL at $320.00.00590.0012802022-10-070.0 - 0.030.03Out
Call
2022-10-07 CALL at $340.00.00325.0E-432022-10-070.0 - 0.020.02Out
Call
2022-10-07 CALL at $365.00.00142.0E-402022-10-070.0 - 0.020.01Out
Call
2022-10-07 CALL at $410.00.00192.0E-41002022-10-070.0 - 0.020.02Out
 Put
2022-10-07 PUT at $410.0-0.93860.001802022-10-07131.05 - 135.60.0In
 Put
2022-10-07 PUT at $400.0-0.95460.001702022-10-07121.2 - 125.00.0In
 Put
2022-10-07 PUT at $395.0-0.95370.001702022-10-07116.2 - 120.00.0In
 Put
2022-10-07 PUT at $390.0-0.95260.001802022-10-07111.2 - 115.00.0In
 Put
2022-10-07 PUT at $385.0-0.95150.001902022-10-07106.2 - 110.0116.05In
 Put
2022-10-07 PUT at $380.0-0.93040.002402022-10-07101.1 - 105.60.0In
 Put
2022-10-07 PUT at $375.0-0.92870.002502022-10-0796.05 - 100.60.0In
 Put
2022-10-07 PUT at $370.0-0.92680.002702022-10-0791.0 - 95.60.0In
 Put
2022-10-07 PUT at $365.0-0.92480.002802022-10-0786.0 - 90.60.0In
 Put
2022-10-07 PUT at $360.0-0.92250.00302022-10-0781.0 - 85.681.75In
 Put
2022-10-07 PUT at $355.0-0.94240.002702022-10-0776.2 - 80.00.0In
 Put
2022-10-07 PUT at $350.0-0.94030.002902022-10-0771.3 - 75.00.0In
 Put
2022-10-07 PUT at $345.0-0.9380.003202022-10-0766.35 - 70.076.35In
 Put
2022-10-07 PUT at $340.0-0.93540.003502022-10-0761.2 - 65.00.0In
 Put
2022-10-07 PUT at $335.0-0.9070.004302022-10-0756.0 - 60.634.59In
 Put
2022-10-07 PUT at $330.0-0.9290.004202022-10-0751.2 - 55.031.1In
 Put
2022-10-07 PUT at $325.0-0.92510.004702022-10-0746.2 - 50.00.0In
 Put
2022-10-07 PUT at $320.0-0.89170.005902022-10-0741.15 - 45.637.96In
 Put
2022-10-07 PUT at $317.5-0.89280.006202022-10-0738.95 - 43.00.0In
 Put
2022-10-07 PUT at $315.0-0.88240.006702022-10-0736.3 - 40.6546.69In
 Put
2022-10-07 PUT at $312.5-0.88530.007102022-10-0734.0 - 38.00.0In
 Put
2022-10-07 PUT at $310.0-0.86930.007802022-10-0731.15 - 35.7534.85In
 Put
2022-10-07 PUT at $307.5-0.90420.007702022-10-0729.0 - 32.50.0In
 Put
2022-10-07 PUT at $305.0-0.89340.008502022-10-0727.15 - 30.124.7In
 Put
2022-10-07 PUT at $302.5-0.93450.008112022-10-0724.0 - 27.022.2In
 Put
2022-10-07 PUT at $300.0-0.96730.0059422022-10-0722.75 - 24.222.65In
 Put
2022-10-07 PUT at $297.5-0.8310.012142022-10-0719.0 - 23.3516.55In
 Put
2022-10-07 PUT at $295.0-0.83730.0136432022-10-0716.25 - 20.5516.13In
 Put
2022-10-07 PUT at $292.5-0.81430.015452022-10-0714.2 - 18.2512.35In
 Put
2022-10-07 PUT at $290.0-0.94810.0127782022-10-0713.55 - 14.911.37In
 Put
2022-10-07 PUT at $287.5-0.92560.0181432022-10-0711.0 - 12.711.8In
 Put
2022-10-07 PUT at $285.0-0.78220.02651192022-10-0710.0 - 10.5510.4In
 Put
2022-10-07 PUT at $282.5-0.71110.03051132022-10-078.3 - 8.758.1In
 Put
2022-10-07 PUT at $280.0-0.62290.03171822022-10-076.8 - 7.27.1In
 Put
2022-10-07 PUT at $277.5-0.54190.03293122022-10-075.45 - 5.755.64In
 Put
2022-10-07 PUT at $275.0-0.46070.03124842022-10-074.35 - 4.64.6Out
 Put
2022-10-07 PUT at $272.5-0.38230.03033282022-10-073.45 - 3.73.45Out
 Put
2022-10-07 PUT at $270.0-0.31830.02653832022-10-072.67 - 2.912.85Out
 Put
2022-10-07 PUT at $267.5-0.25540.02372612022-10-072.06 - 2.212.05Out
 Put
2022-10-07 PUT at $265.0-0.20080.02044222022-10-071.58 - 1.711.58Out
 Put
2022-10-07 PUT at $262.5-0.16460.0171842022-10-071.21 - 1.311.3Out
 Put
2022-10-07 PUT at $260.0-0.13020.01413042022-10-070.91 - 1.01.0Out
 Put
2022-10-07 PUT at $257.5-0.10090.0115882022-10-070.7 - 0.790.75Out
 Put
2022-10-07 PUT at $255.0-0.07760.00933612022-10-070.52 - 0.60.48Out
 Put
2022-10-07 PUT at $252.5-0.06050.0074972022-10-070.39 - 0.450.43Out
 Put
2022-10-07 PUT at $250.0-0.0450.00582302022-10-070.3 - 0.350.31Out
 Put
2022-10-07 PUT at $247.5-0.03610.0047552022-10-070.23 - 0.270.2Out
 Put
2022-10-07 PUT at $245.0-0.02880.0037882022-10-070.18 - 0.220.2Out
 Put
2022-10-07 PUT at $242.5-0.02250.003122022-10-070.14 - 0.170.34Out
 Put
2022-10-07 PUT at $240.0-0.01640.0022672022-10-070.11 - 0.140.11Out
 Put
2022-10-07 PUT at $237.5-0.01440.0019152022-10-070.07 - 0.120.1Out
 Put
2022-10-07 PUT at $235.0-0.01030.00141062022-10-070.07 - 0.10.07Out
 Put
2022-10-07 PUT at $232.5-0.00870.001222022-10-070.04 - 0.080.06Out
 Put
2022-10-07 PUT at $230.0-0.00830.0011712022-10-070.05 - 0.070.06Out
 Put
2022-10-07 PUT at $227.5-0.00578.0E-432022-10-070.04 - 0.060.04Out
 Put
2022-10-07 PUT at $225.0-0.00547.0E-42292022-10-070.04 - 0.050.04Out
 Put
2022-10-07 PUT at $222.5-0.00526.0E-412022-10-070.01 - 0.050.04Out
 Put
2022-10-07 PUT at $220.0-0.0056.0E-41142022-10-070.0 - 0.040.04Out
 Put
2022-10-07 PUT at $215.0-0.00263.0E-4122022-10-070.02 - 0.030.02Out
 Put
2022-10-07 PUT at $200.0-0.00162.0E-4652022-10-070.01 - 0.020.03Out
 Put
2022-10-07 PUT at $195.0-0.00111.0E-492022-10-070.0 - 0.020.01Out

Home Depot Implied Volatility

    
  38.11  
Home Depot's implied volatility exposes the market's sentiment of Home Depot stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Home Depot's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Home Depot stock will not fluctuate a lot when Home Depot's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Home Depot in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Home Depot's short interest history, or implied volatility extrapolated from Home Depot options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Home Depot using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Home Depot Stock analysis

When running Home Depot 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 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.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
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 Depot 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.
The market value of Home Depot is measured differently than its book value, which is the value of Home Depot 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 Home Depot value 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.