Why has Home Dopot outperformed Lowes by such a huge margin Year to Date?
Looking at the charts separately HD is over it's 200 day EMA and LOW is just now approaching the underside.
Could it be that HD had a HUGE short volume on the way down and those traders have been covering? Or is HD truly 20% better than LOW going forward?
Either way because of such a huge disparity could a safe trade be to short HD and get long LOW using out of the money October Options until this gap is closed?
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