HD (HD) options memo

The Read

HD is down 0.83% today at $338.86.

Options traders lean neutral into 2026-08-14, and neutral further out.

A move through the gamma flip level would change how dealers hedge this stock.

Key numbers

• Spot: $338.86
• Lean: neutral
• Nearest expiry: Fri 8/21
• Implied move: 1.7%
• ATM implied volatility: 32.6%
• Max pain: $340.00
• Pin strike: $330.00
• Dealer positioning: LONG GAMMA
• Call wall: $360.00
• Put wall: $325.00
• Put/call open interest: 0.921