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Barchart
Barchart
Mark R. Hake, CFA

Massive and Unusual Trading in Home Depot Call Options - Is the HD Stock Rally Over?

Today, a huge and unusual amount of out-of-the-money The Home Depot (HD) call options have traded, as seen in a Barchart report. HD stock has rallied from its recent lows, but could this be a signal that it's over?

HD stock is lower in early trading at $347.97, but it's still up from a recent trough of $318.77 on April 7. However, it's still down significantly from a 3-month peak of $391.05 on Feb. 13.

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