Home Depot Stock (HD) Trade Update and Trade Ideas for Nov 19 2014

Nov 19, 2014 | Home Depot Stock (HD), Trade Alerts and Ideas

There have been just two recent trades in Home Depot Stock, September 2 and October 15. Both trades were selling put strikes below $90.00. Below $90.00 I am comfortable selling puts on Home Depot Stock but above it, Home Depot Stock I think is pretty well fully valued. Above $99.00 it is overvalued. The earnings on Nov 18 showed mixed results and while they were up over last year for the same quarter, they missed estimates for $1.13 per share.

The stock dropped yesterday including a controversial error made by the New York Stock Exchange which disallowed trades below I think $93.00.

Here are my next set of trades that I am setting up in Home Depot Stock. The Fed minutes has the market in a bit of turmoil at the moment so I am looking forward to seeing if I can get some fills. I have offers in already on these trades.

Home Depot Stock Trade Update and Trade Ideas

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.