HD

HD

Home Depot Inc
Retail
$308.24 +4.31% As of Oct 16, 12:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$345/350
Expiration
Aug 21
Target ROI
100.0%
Trade Reasoning
The current stock price of HD at $348.71 is positioned just below the lower strike of our bull call spread at $345, indicating a favorable entry as we anticipate a price increase towards the $350 strike. With no identified technical risk factors, this setup is optimal for capitalizing on upward momentum. The ATM spread structure provides attractive risk/reward, allowing for significant profit potential while limiting the downside to a small loss if the trade does not work out. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

HD Momentum Breakout Confirmed at $308.24

Bullish
Oct 16, 2026 at 12:00 AM • $308.24 (+4.31%)

Home Depot Inc (HD) advanced 4.31%, ending the session at $308.24 on October 16.

The technical setup looks bullish:

Moving Averages Mixed signals with price near the 9-day EMA ($294.81). The 21-day EMA sits at $296.29.
Momentum RSI at 58.8 is in neutral territory but trending higher. MACD is bullish (-4.16 vs signal -7.41).
Volatility Price is extended above the upper Bollinger Band ($306.33), suggesting possible mean reversion.

Watch $277.71 as support and $306.33 as resistance.

HD MACD Signals Upside at $308.24

Bullish
Oct 15, 2026 at 9:01 PM • $308.24 (+4.31%)

Positive Divergence: HD MACD Turns at $295.51

Bullish
Oct 14, 2026 at 9:01 PM • $295.51 (+0.55%)

HD Momentum Builds as MACD Crosses Up at $293.92

Bullish
Oct 13, 2026 at 9:01 PM • $293.92 (+1.14%)

HD Momentum Tide Turns Positive at $290.62

Bullish
Oct 12, 2026 at 9:01 PM • $290.62 (-0.05%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -56
Trade Date Jul 17, 2026

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HD $345-$350 Bull Call
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HD $315-$320 Bull Call
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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.