Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $96.00 short put and a strike $91.00 long put offers a potential 33.33% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $96.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $91.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.
The RSI indicator is at 69.43 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
10 psychological retail tricks to make you splurge this holiday season
Sat, 25 Nov 2017 14:12:41 +0000
Watch out for these retail strategies when shopping this holiday season.
If Tax Reform Fails, Will Stocks Suffer?
Sat, 25 Nov 2017 14:11:00 +0000
Probably. But some stocks would suffer less than others.
Beware of this smartphone scam on Cyber Monday
Sat, 25 Nov 2017 14:07:24 +0000
Here is how to get deals without getting hacked.
Here's Alibaba's Big Plan to Beat Wal-Mart in China
Sat, 25 Nov 2017 13:12:00 +0000
Alibaba does something unexpected to compete with Wal-Mart in its home country.
Weekend roundup: Thoughtful holiday presents | Amazon’s snake oil | Ignore Black Friday retail sales reports
Sat, 25 Nov 2017 12:48:30 +0000
Here are MarketWatch articles to read this weekend
Related Posts
Also on Market Tamer…
Follow Us on Facebook