Consumer Consumer Live Data Updated 2025-12-30

HD Options

The Home Depot Inc. Options Chain, Implied Volatility & Greeks

Comprehensive options market data for The Home Depot Inc. (HD). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

HD Options at a Glance

Daily Volume: 40K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 400K+ contracts
IV Range: 18% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
40K+ contracts
Open Interest
400K+ contracts
IV Range
18% - 45%
Liquidity
Good
Weeklies
Yes
LEAPS
Yes

1 About The Home Depot Inc. (HD)

The Home Depot Inc. trades on NYSE. Options on HD are actively traded by retail and institutional investors.

Company Profile

Sector Consumer
Industry Home Improvement
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

HD is an actively traded options name in the Home Improvement space.

2 HD Options Market Overview

HD options offer good liquidity for traders seeking exposure to Home Improvement.

Average Daily Volume 40K+ contracts
Total Open Interest 400K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

HD options provide good liquidity for most trading strategies.

3 HD Volatility Profile

HD implied volatility reflects market expectations for The Home Depot Inc. price movement.

Low IV Environment
18% - 25%
Below average volatility
Typical IV Range
25% - 35%
Normal conditions
Elevated IV
35% - 45%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View HD IV Analytics

HD Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for HD shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live HD GEX

4 Common HD Options Strategies

These are strategies commonly used by traders on HD options, based on typical market characteristics. This is not investment advice.

Used by HD traders for income exposure. Good liquidity supports efficient execution.

Used by HD traders for income exposure. Good liquidity supports efficient execution.

Vertical Spreads Directional

Used by HD traders for directional exposure. Good liquidity supports efficient execution.

Used by HD traders for neutral exposure. Good liquidity supports efficient execution.

Strangles Volatility

Used by HD traders for volatility exposure. Good liquidity supports efficient execution.

Key Considerations for HD Options

  • HD options liquidity: Good - affects execution quality
  • IV range: 18% - 45% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: HD Options

What are HD options?

HD options are derivative contracts that give you the right to buy (call) or sell (put) The Home Depot Inc. shares at a specific price before expiration.

How do I analyze HD implied volatility?

HD IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for HD options?

HD options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does HD report earnings?

The Home Depot Inc. typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for HD options?

Popular HD strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade HD options?

The most liquid trading hours for HD options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate HD option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for HD options across all strikes and expirations.

What happens to HD options at expiration?

In-the-money HD options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore HD Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.