01 — HD · CASH-SECURED PUTS

Best HD cash-secured puts setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Mega-cap home-improvement retailer with options flow tied to housing turnover and pro-customer mix.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Home Depot
Consumer Discretionary
HD
$317.45-6.5% / 30d
IV rank (1y)
68.8% · elevated
Next earnings
May 19
Market cap
$316.2B
P/E (fwd)
19.5
Dividend
$9.23 · Mar 12
Option vol
4K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on annualized return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$310 put · May 29
21 DAYS · 3.9% OTM · SELL TO OPEN
Credit
$640
Annualized
34.48%
PoP
64%
StrikeExpirationCreditAnnualized PoP
$310
3.9% OTM
Jun 5
28 days
$815
$8.15 / share
32.93%62%
$305
5.5% OTM
May 29
21 days
$525
$5.25 / share
28.28%71%
$310
3.9% OTM
Jun 12
35 days
$857
$8.57 / share
27.7%62%
$305
5.5% OTM
Jun 5
28 days
$655
$6.55 / share
26.46%69%
$305
5.5% OTM
Jun 12
35 days
$645
$6.45 / share
20.85%68%
$300
7.0% OTM
Jun 5
28 days
$500
$5.00 / share
20.2%74%
$300
7.0% OTM
Jun 12
35 days
$475
$4.75 / share
15.35%73%
8 of 8 matchesCustomize filters →

03 — Strategy

Cash-Secured Puts, plainly explained

Income-focused traders comfortable owning shares if assigned.

P&L at expiration · $310 put · 21 DTE

$0+$640losses$303.60 BREAKEVEN$310 STRIKE

Key numbers

Premium collected+$640
Max profit+$640
Breakeven$303.60
Capped above$310
Probability of profit64%
Days to expiration21

When this trade makes sense

Use when

  • You have cash to buy 100 shares at the strike
  • You'd be happy owning the stock at the strike price
  • You think the stock holds or drifts up
  • IV rank is elevated — premiums are rich

Avoid when

  • You think the stock is about to drop hard
  • You don't actually want to own the stock
  • Earnings are inside the expiration window
  • Premiums are unusually low — nothing to collect
Read the full cash-secured puts guide →

05 — RUN IT LIVE

See the highest chance of profit on HD.

Option Agent scans live chains and recommends setups based on current market conditions.

Analyze HD free →

Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.