Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 10.13% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock dropped below the $80.00 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 59.13 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
Exclusive: U.S. minimum wage hikes to impact 1,400-plus Walmart stores
Wed, 24 Dec 2014 06:09:40 GMT
Reuters – Minimum wage increases across the United States will prompt Wal-Mart Stores Inc to adjust base salaries at 1,434 stores, impacting about a third of its U.S. locations, according to an internal memo reviewed …
West Mountain Environmental Corp. Announces Deployment of Largest TPS System to Date
Tue, 23 Dec 2014 19:52:10 GMT
noodls – West Mountain Environmental Corp. Announces Deployment of Largest TPS System to Date Calgary, Alberta – December 18, 2014 – West Mountain Environmental Corp. (the “Company” or “West Mountain”) …
Family Dollar Takeover Drama Extends Into 2015 After Shareholders Vote To Adjourn Deal
Tue, 23 Dec 2014 18:36:00 GMT
Forbes – Family Dollar said on Tuesday it would adjourn a shareholder vote on its proposed $8.5 billion acquisition by competitor Dollar Tree because the deal lacked sufficient shareholder support.
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Tue, 23 Dec 2014 18:13:00 GMT
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