Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 16.01% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $70.00 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 49.04 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
Tesco scraps profit outlook as accounting black hole deepens
Thu, 23 Oct 2014 07:08:57 GMT
Tesco scraps profit outlook as accounting black hole deepens
Thu, 23 Oct 2014 07:05:12 GMT
Tesco scraps profit outlook as accounting black hole deepens
Thu, 23 Oct 2014 07:05:12 GMT
Sam’s Club Aligns with Aetna, Execupay, LegalZoom to Expand Suite of Services for America’s Small Businesses
Thu, 23 Oct 2014 06:41:48 GMT
noodls – Sam's Club Aligns with Aetna, Execupay, LegalZoom to Expand Suite of Services for America's Small Businesses Innovative solutions in legal, payroll and small group health care provide more savings, more …
Tesco scraps outlook on larger than expected accounting black hole
Thu, 23 Oct 2014 06:15:14 GMT
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