Bullish Strategy

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How To Make A Butterfly Take Flight Via Shares Of Home Depot
Investors· 2025-10-07 14:38
Home Depot (HD) is currently the most oversold stock in the Dow Jones Industrial Index when looking at the relative strength index indicator. Traders might consider taking some bullish exposure on Home Depot, using options in a limited risk way. One way to do that is by using a bullish butterfly spread. Butterfly spreads involve three different option strikes, all within the same expiration date, and can be created using either calls or puts. By trading a butterfly with a bullish bias, we can place the tra ...