HD

[oldnemesis]

http://finance.yahoo.com/news/why-earnings-beat-likely-home-100910904.html

https://www.thestreet.com/story/135...quo-s-q1-earnings.html?puc=yahoo&cm_ven=YAHOO

http://finance.yahoo.com/q/ks?s=HD+Key+Statistics

http://finance.yahoo.com/q/is?s=HD+Income+Statement&annual

http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.HD.NYS

http://www.homedepot.com/?cm_mmc=SE...uAs4aT8C9t-zR2CtVEtMgaArYl8P8HAQ&gclsrc=aw.ds

http://stockcharts.com/h-sc/ui?s=hd

Trade:
With HD at 133.13
Nov 110/105 bull put spread for a net credit of $44
Yield = 44/456 = 9.6% in 187 days or 18.8% annualized
Prob = 87%
Expectation = .87(44) - .08(456) - .05(228) = 38.28 - 36.48 -11.4 = -9.6

Price........... Profit / Loss............. ROM %
80.00.............. (456.00)............... -90.40%
95.00.............. (456.00)............... -90.40%
105.00............ (456.00)............... -90.40%
109.56................. 0.00................... 0.00%
110.00............... 44.00................... 9.60%
115.00............... 44.00................... 9.60%
130.00............... 44.00................... 9.60%
140.00............... 44.00................... 9.60%
150.00............... 44.00................... 9.60%

 

[oldnemesis]

https://www.thestreet.com/video/135...-for-home-depot.html?puc=yahoov&cm_ven=YAHOOV


filled at $0.47

Expectation = .87(47) - .08(453) - .05(226) = 40.9 - 36.2 -11.3 = -6.6

 

[oldnemesis]

http://finance.yahoo.com/news/home-depot-tops-street-1q-101117109.html#

http://stockcharts.com/h-sc/ui?s=hd

so far so good. this should set us up until the fall... but I wouldn't be surprised to see HD pull back a little with the news in. The rumor was bought...we'll see if the news gets sold. The spread is good to 110.

 

[dealmaker]

With Home Depot's support, Women Who Code moves HQ From S.F. to Atlanta

Women Who Code, the largest organization supporting career women in technology, has moved its global headquarters from San Francisco to Atlanta on the heels of a major partnership announcement with The Home Depot. The company’s sponsorship has allowed WWC to set up their office in Midtown Atlanta, and will also contribute towards the launch of several new initiatives in the next year. (Hypepotamus)