Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $143.00 short put and a strike $138.00 long put offers a potential 21.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $143.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock dropped below the $138.00 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 34.53 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
Paytm in Focus Again as Analysts Query CEO on Path to Profit
Mon, 29 Nov 2021 04:12:37 +0000
(Bloomberg) — Top executives at India’s Paytm spent 90 minutes on a call with investors and analysts on Saturday trying to persuade them of the promise for the digital payment giant’s business model after a turbulent initial public offering. They didn’t resolve investor concerns.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s CroniesBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyOn Monday, the stock of One97 Communications, the parent of
Tiger Global Helps Make Credit-Card Startup Newest India Unicorn
Sun, 28 Nov 2021 23:30:00 +0000
(Bloomberg) — Slice, a credit-card startup targeting young consumers, raised $220 million to become India’s latest unicorn in a record funding year for the country’s internet companies.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s CroniesBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyThe round led by Tiger Global Management and Insight Partners valued Slice at more than $1 billion, it said in a statement Monday. The company will use th
Walmart heirs to candy conglomerates: These are the 25 richest families in the US
Sat, 27 Nov 2021 18:00:00 +0000
The wealthiest dynasties have seen many bitter battles over power and inheritance.
Black Friday: ‘You’re not seeing the very, very deep discounts,' Mastercard advisor explains
Fri, 26 Nov 2021 18:09:58 +0000
Mastercard Sr. Advisor & Saks Chairman Steve Sadove joins Yahoo Finance Live to discuess Black Friday sales.
‘People are grumpy' amid pandemic, 2020 election fallout, inflation, vaccines debate: Columbia professor
Fri, 26 Nov 2021 17:45:37 +0000
Columbia Professor of Retail Studies Mark Cohen breaks down consumer and brand behavior on Black Friday and the ways in which factors like inflation and supply chain shortages are reflected in shopping patterns.
Also on Market Tamer…
Follow Us on Facebook