Stopped Out of the Remaining Home Depot Calls

Stopped Out of the Remaining Home Depot Calls

Last Friday, we took advantage of the buildup in anticipation of Hurricane Irma and trimmed back the Home Depot (HD) Jan 2018 155.000 calls (HD180119C00155000) position on the Tematica Options+ Select List as well as boosted the stop loss on the remaining calls to 8.00 from 5.00. With Irma being downgraded over the last 36 hours to a Category 1 from a Category 4, investor concern over its impact has lessened. This led to our being stopped out of the remaining portion of the Home Depot call position at 8.00 today. While we’re sorry to see the calls go so quickly after having just added them on August 31, we’re not one to complain over the 78% return on the remaining calls. On a blended basis, the Home Depot (HD) Jan 2018 155.000 calls (HD180119C00155000) delivered

On a blended basis, the Home Depot (HD) Jan 2018 155.000 calls (HD180119C00155000) delivered a return of more than 102% – not too shabby if we say so ourselves.

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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