Wal-Mart (WMT) Offering Possible 6.16% Return Over the Next 24 Calendar Days

view original post

Wal-Mart’s most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $150.00 short call and a strike $160.00 long call offers a potential 6.16% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $9.42 would be incurred if the stock rose above the $160.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Wal-Mart is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Wal-Mart is bearish.

The RSI indicator is at 23.8 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Wal-Mart

Why you can still lose it all in cryptocurrencies: Morning Brief
Mon, 22 Nov 2021 10:58:26 +0000
Top news and what to watch in the markets on Monday, November 22, 2021.

Inflation data, Black Friday sales: What to know this week
Sun, 21 Nov 2021 20:53:17 +0000
This holiday-shortened week, investors will still be receiving a hefty set of new economic data and earnings results.

3 Things Investors Missed in Walmart’s Earnings Announcement
Sun, 21 Nov 2021 10:51:00 +0000
It’s no secret that Walmart (NYSE: WMT) is having a great year. The world’s leading retailer just announced stellar momentum heading into the peak holiday shopping season while boosting its earnings outlook for 2021. Walmart’s 9% comparable-store sales growth was surprisingly robust.

Why Supply Chain Issues May Not Be Such a Grinch for Retail
Sat, 20 Nov 2021 19:13:00 +0000
Problems with the supply chain have been a leading news story for months. While reading about everything from major pandemic-induced production delays to record-breaking truck driver shortages, it would be easy to assume that retailers will be left holding the bag this holiday season. Let’s take a look at what some retailers are doing to address those concerns, as well as what the ultimate impact on store shelves — and commercial real estate investors — might be.

The Retail Sector Margin Squeeze
Fri, 19 Nov 2021 22:15:10 +0000
All of the big retailers had to spend more to keep shelves stocked, with freight expenses a major drag on margins and outlook…

Be Sociable, Share!

Related Posts