Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.99% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $72.50 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 at 62.86 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
Wal-Mart Workers Are Furious That The Company Is Cutting Health Benefits And Raising Premiums
Sat, 11 Oct 2014 18:59:00 GMT
Business Insider – Wal-Mart is raising health insurance premiums…
Lower US gas price could pump up Wal-Mart, other discount chains
Fri, 10 Oct 2014 22:03:44 GMT
US STOCKS-Wall St indexes mixed in volatile trade; Nasdaq down 1 pct
Fri, 10 Oct 2014 15:30:00 GMT
Wal-Mart upgraded by Gilford Securities
Fri, 10 Oct 2014 13:39:46 GMT
Why coal imports are rising amid domestic oversupply
Fri, 10 Oct 2014 13:00:04 GMT
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