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Smart Money Is Betting Big In Home Depot Options

Benzinga ·  Dec 10, 2024 03:45

Financial giants have made a conspicuous bullish move on Home Depot. Our analysis of options history for Home Depot (NYSE:HD) revealed 15 unusual trades.

Delving into the details, we found 53% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $83,710, and 13 were calls, valued at $953,458.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $380.0 to $490.0 for Home Depot over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest...

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