If you haven`t bought WMT Walmart here: Or sold it here:
Now Analyzing the options chain of WMT Walmart prior to the earnings report this week, I would consider purchasing the 155usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $4.10 If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
WMT is trading at its 52-week high today, at $158.11 per share. Calls were trading at $5.10, up from $4.10 when I wrote this article, representing a 25% increase. This price movement prompts me to consider it as an exit point.
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