The Home Depot, Inc. HD – Recap:
From our list of options ideas we were tracking yesterday, Home Depot was the primary trend-bucker of the day, as the markets in general had a tumultuous session, and appear to be headed for more of the same.
We were targeting the HD Weekly $322.50-327.50 Calls and they produced significant intraday gain opportunities shortly following the opening bell. Those trading ranges and potential profits were as follows:
HD Weekly $322.50-327.50 Calls
$322.50: 2.03-5.00 (+146%)
$325: 1.33-3.70 (+178%)
$327.50: .67-2.08 (+210%)
_____
Fresh Options Ideas:
LOW Weekly $192.50-187.50 Puts
SPY 05/19 $409-407 Puts*
TGT Weekly $215-210 Puts
*Please remember that trading options on their day of expiration should only be attempted by advanced level traders with access to disposable funds!
Try Our Premium Service!
We invite any of our recent subscribers to try our premium tier service, Veteran Trading. It’s a service where beginning-to-intermediate level traders can get more of the kinds of ideas you see here in our free newsletters each day and be given the tools to learn how to seek them out on their own and become a better trader!
The three levels of service that we are currently offering and the associated monthly fees (which can easily be absorbed by a single hot trade) are as follows:
– $75: Access to our private Telegram channel where we will be posting real-time trade ideas
– $125: Same as above, also includes video of new and archived bi-weekly classes
– $250: Includes all of the above + 30 minutes of 1-on-1 time with an expert each month
Extended Watchlist:
GGII, INC, VPER, RETC, RSHN, NSAV, BEHL