Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 15.74% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $77.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Wal-Mart
Walmart Matches Competitors’ Select Black Friday Deals One Week Early
Wed, 19 Nov 2014 05:01:00 GMT
Business Wire – Walmart just upped the ante once again. For the second year, the retailer is lowering the prices on popular toys, electronics and more to match or beat select Black Friday offers from top national competitors one week early.
Game On for Bears as Wal-Mart Threatens GameStop Sales: Options
Wed, 19 Nov 2014 00:00:01 GMT
Running fast into earnings
Tue, 18 Nov 2014 23:25:00 GMT
Put Amazon in your cart?
Tue, 18 Nov 2014 23:15:00 GMT
Wal-Mart leaving nothing to chance in Black Friday test
Tue, 18 Nov 2014 22:28:33 GMT
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