WMT trade ideas
WMT huge insider sales Dec.1 2020 SO........ I always pay attn to when HUGE amounts of money leave or enter a stock. While looking for my next move I saw 200m in insider sales from the director and a 10% owner.
Now to me this is ALOT of money. And im thinking bout jan 15 $150 puts as you can see the averages are going down and I just dont see it hanging out where it is especially if there's others like me that see these kinds of sales and look for a reason why. BUT Disney pulled the exact same stunt before their last earnings and then it went up which differently caught me off guard. So maybe wait a day for lil more confirmation from the chart. Im looking to put in an order to buy one at open price and then will either buy more or get out depending on what chart tells me. attached link has the insider action in detail
IRON TARIHi guys,
according to my strategy we have 4weeks 12% strikes, 90% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 40$ and a max loss 460$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 90% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 460$.
If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 80$.
Enjoy your wallet!
Tari.
WMT Patient Play- Bullish on 618fib > 786fib. WMT
Today's Date: 11/18/20 3:30pm
TLDR: Wait to 0.618 fib/$135.25, hold to 0.786 fib/145.50$.
Channel doesn't seem to be holding as WMT can't break above 150$. 0.786 fib has been recent resistance and 0.618 fib a repetitive support. Play the fibs over the channel. This one will take patience, may not be a play until December as WMT doesn't move too fast.
$WMT with a bullish outlook after earningsAfter a negative over reaction following $WMT earnings, the PEAD projected a bullish outlook placing the stock in Drift C
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