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Any thoughts on the Home Depot diagonal? Any recommendations on the short strike and expiration on the short call as the stock moves up before earnings?
Bruce
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I rolled it out to April this morning for $5.21 credit:
Bought HD Feb 15 2019 190.0 Call @ 2.27
Sold HD Apr 18 2019 190.0 Call @ 7.48
Art
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Hi, Bruce! (great name...)
As a former Pro member you still have access to Options, right? If so, go check out what they posted today. It might help.
Bruce
No position in HD
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I did the same roll and actually now wish I had gone for the $195 April short call instead. I think the stock may take off after earnings but will watch the straddle prices next week. The earnings average of the analyst community in the next 12 months is around $204 with a high of $230, so there is upside room and I think they are killing Lowes.
Bruce
