Walmart Inc (WMT)

[stocktrademan]

The chart hasn't really changed the pullback is expected in an uptrend. The main thing to note is Walmart is making new yearly highs and that will sustain the rally.

Some of the very best options trades are found with stocks recently making new yearly highs or lows, as this is similar to breaking out of a sideways range or consolidation channel, except now on a large scale with large results. Since WMT is breaking out to the upside it is bullish.

My scan result of option buys for Walmart just went huge on today's red day.


description--------------------------------bid------ask
WMT 100 21 JUL 17 85 CALL 0.05 0.06
WMT 100 18 JAN 19 95 CALL 1.27 1.46
WMT 100 15 SEP 17 90 CALL 0.04 0.09
WMT 100 15 SEP 17 85 CALL 0.35 0.41
WMT 100 18 AUG 17 82.5 CALL 0.63 0.64
WMT 100 (Weeklys) 7 JUL 17 79 CALL 0.94 1.03
WMT 100 21 JUL 17 82.5 CALL 0.25 0.26
WMT 100 18 AUG 17 80 CALL 1.39 1.41
WMT 100 20 OCT 17 85 CALL 0.56 0.63
WMT 100 21 JUL 17 70 CALL 8.5 9.1
WMT 100 15 SEP 17 80 CALL 1.62 1.71
WMT 100 15 DEC 17 85 CALL 1.01 1.11
WMT 100 15 JUN 18 90 CALL 1.09 1.24
WMT 100 19 JAN 18 90 CALL 0.41 0.48
WMT 100 20 OCT 17 70 CALL 8.9 9.15
WMT 100 20 OCT 17 80 CALL 2.02 2.11
WMT 100 19 JAN 18 85 CALL 1.21 1.31
WMT 100 15 JUN 18 100 CALL 0.19 0.26
WMT 100 20 OCT 17 82.5 CALL 1.12 1.21
WMT 100 18 AUG 17 77.5 CALL 2.66 2.69
WMT 100 21 JUL 17 75 CALL 3.95 4
WMT 100 15 SEP 17 82.5 CALL 0.79 0.87
WMT 100 15 SEP 17 70 CALL 8.75 9.15
WMT 100 15 SEP 17 77.5 CALL 2.87 3
WMT 100 15 DEC 17 80 CALL 2.65 2.77
WMT 100 21 JUL 17 77.5 CALL 2.1 2.13