Financial giants have made a conspicuous bearish move on Home Depot. Our analysis of options history for Home Depot (NYSE:HD) revealed 35 unusual trades.

Delving into the details, we found 31% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 25 were puts, with a value of $1,294,675, and 10 were calls, valued at $512,365.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $250.0 to $405.0 for Home Depot during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Home Depot options trades today is 489.32 with a total volume of 4,049.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Home Depot's big money trades within a strike price range of $250.0 to $405.0 over the last 30 days.

Home Depot Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Home Depot

Having examined the options trading patterns of Home Depot, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Home Depot's Current Market Status

• Trading volume stands at 2,904,785, with HD's price down by -1.71%, positioned at $375.21.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 67 days.

Professional Analyst Ratings for Home Depot

In the last month, 5 experts released ratings on this stock with an average target price of $456.4.

Turn $1000 into $1270 in just 20 days?

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