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.
