HD

HD

Home Depot Inc
Retail
$343.47 -1.85% As of Nov 7, 5:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$330/335
Expiration
May 1
Target ROI
100.0%
Trade Reasoning
The current MACD positively trending indicates strong bullish momentum for HD, signaling that the stock is likely to rise in the near term. Entering a Bull Call Spread with strikes at $330 and $335 provides a favorable entry point, as the stock is currently at $333.61, allowing us to capitalize on the anticipated upward movement while limiting risk. This ATM spread structure offers an attractive risk/reward profile, enabling significant returns with a controlled downside through the sale of the higher strike call. 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.
Bullish Factors
MACD Positive and Rising.

Technical Analysis

Technical Uptrend Accelerates for HD at $343.47

Bullish
Nov 7, 2026 at 5:00 AM • $343.47 (-1.85%)

Home Depot Inc (HD) slipped 1.85% to $343.47 on November 7.

The technical setup looks bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($337.18) supports, 21-day ($324.60) below.
Momentum RSI at 63.8 is in neutral territory but trending lower. MACD reads 11.38 against its 7.98 signal line (bullish).
Volatility Bollinger Band width at 21.7% indicates normal volatility.

Support sits at $286.18 with resistance at $356.01.

Technical Strength: HD Clears Moving Averages at $343.47

Bullish
Nov 6, 2026 at 9:01 PM • $343.47 (-1.85%)

HD Powers to $349.94 on Strong EMA Stack

Bullish
Nov 5, 2026 at 9:01 PM • $349.94 (-1.55%)

Profit-Taking Watch: HD Reaches $355.44 on High RSI

Bearish
Nov 5, 2026 at 2:15 AM • $355.44 (+6.53%)

HD RSI Hits Extreme Overbought at $355.44

Bearish
Nov 4, 2026 at 9:01 PM • $355.44 (+6.53%)
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 -190
Trade Date Mar 26, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.