Best Covered Calls for The Home Depot, Inc. (HD) — Up to 2.62% Premium Yield
Discover the best covered calls opportunities for The Home Depot, Inc. (HD) (Consumer Cyclical sector). Our comprehensive analysis of The Home Depot, Inc. (HD) covered calls reveals 641 available contracts with premium yields ranging up to 2.62% annually. The Home Depot, Inc. (HD) currently trades at $350.84 with a market cap of $389.3 Billion, making it a B-rated candidate for covered calls strategies.
View HD in screenerKey Metrics for The Home Depot, Inc. (HD) Covered Calls
Actionable insights for The Home Depot, Inc. (HD)
Top pick
1.71%
Best covered calls contract for The Home Depot, Inc. (HD): $360.00 strike expiring Apr 10, 2026, 1.71% yield, $6.15 premium per contract.
View in screenerImplied volatility
6.8%
Average IV for The Home Depot, Inc. (HD) is 6.8% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for The Home Depot, Inc. (HD)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $360.00 | Apr 10 | 29 | 0.41 | $6.15 | 1.71% | View details → |
| $355.00 | Apr 2 | 21 | 0.46 | $6.75 | 1.90% | View details → |
| $360.00 | Apr 17 | 36 | 0.42 | $7.35 | 2.04% | View details → |
| $355.00 | Apr 17 | 36 | 0.49 | $9.30 | 2.62% | View details → |
| $355.00 | Apr 10 | 29 | 0.48 | $8.20 | 2.31% | View details → |
How to use this data
- Open the screener for The Home Depot, Inc. (HD). Open our Covered Calls screener with The Home Depot, Inc. (HD) (HD) pre-loaded so you see only HD options.
- Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
- Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.
Analysis of The Home Depot, Inc. (HD) Covered Call Opportunities
Our analysis of The Home Depot, Inc. (HD) covered calls shows 641 active options contracts with an average premium yield of 0.53% and maximum yields reaching 2.62%. The average implied volatility stands at 6.8%, with peak IV reaching 28.4%, indicating moderate volatility premiums available. The Home Depot, Inc. (HD) operates in the Consumer Cyclical sector within the Home Improvement Retail industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find The Home Depot, Inc. (HD) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about The Home Depot, Inc. (HD) Covered Calls
What are the best covered calls for The Home Depot, Inc. (HD)?
The best covered calls for The Home Depot, Inc. (HD) offer premium yields of up to 2.62% annually. Our screener identifies 641 available contracts, with top opportunities providing 0.53% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 6.8%.
How do I find covered calls for The Home Depot, Inc. (HD)?
Use our Covered Calls screener to filter The Home Depot, Inc. (HD) options by premium yield, delta, expiration date, and implied volatility. The screener shows 641 available contracts for The Home Depot, Inc. (HD), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for The Home Depot, Inc. (HD) covered calls?
The average premium yield for The Home Depot, Inc. (HD) covered calls is currently 0.53%, with maximum yields reaching 2.62%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 6.8% for The Home Depot, Inc. (HD) options.
Is The Home Depot, Inc. (HD) a good stock for covered calls?
The Home Depot, Inc. (HD) presents 641 covered calls opportunities with yields up to 2.62%. With a B rating, The Home Depot, Inc. (HD) in the Consumer Cyclical sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating The Home Depot, Inc. (HD) for covered calls.
What expiration dates are available for The Home Depot, Inc. (HD) covered calls?
Our screener shows The Home Depot, Inc. (HD) covered calls contracts with various expiration dates. The top-yielding contracts typically range from weekly to monthly expirations. Use our filters to find specific expiration dates that match your trading strategy and income goals.
How does implied volatility affect The Home Depot, Inc. (HD) covered calls?
Implied volatility significantly impacts covered calls premiums for The Home Depot, Inc. (HD). Currently, The Home Depot, Inc. (HD) options show an average IV of 6.8% with peaks at 28.4%. Higher IV generally means higher premium income, but also indicates greater price uncertainty. Our screener helps you find the optimal balance between premium yield and risk.
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Important disclaimer
Not financial advice. This page is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Options trading involves substantial risk. Past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions. Premium yields and metrics are based on current market data and may change.
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