Group 1 - Home Depot Inc reported earnings of $3.02 per share, slightly above the expected $3.01, with revenue at $39.70 billion, exceeding estimates [1] - Despite strong fourth-quarter results, the company issued a weak forecast for 2025 due to higher interest rates and housing prices impacting demand for large remodeling projects [1] - Home Depot's stock increased by 2.9% to $393.33, recovering above breakeven for 2025, and is on track to end a six-day losing streak [2] Group 2 - The stock has seen a 19.3% increase over the last nine months [2] - Options trading volume is significantly high, with 15,000 calls and 11,000 puts traded, indicating strong interest in call options [2] - The put/call open interest ratio ranks in the 4th percentile of annual readings, suggesting a preference for calls [3]
Home Depot Tops Sales Forecast Despite Headwinds