Call buyers build long position in Home Depot
Home Depot (HD) is attracting the attention of option bulls Monday. So far, 1,929 contracts of the Dec. 14-expiring 177.50 call have change hands against open interest of 556 contracts. Pricing on today’s trades indicates that these new contracts were initiated from the buy side.
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About Home Depot Inc. (The)
Home Depot is the world's largest home improvement specialty retailer, operating nearly 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations sector, while the tie-up with Company Store brought textile expertise to the brand.