WMT - Earnings option play, $79.50 August Puts, currently $0.87
WMT is potential earnings play. Its looking choppy in the top & seems forming a H&S formation. Moneyflow is getting weaker. It also has some insider selling. We think it has good downside potential with earnings. To play this We would look at $79.50 August Puts, currently $0.87.
* Trade Criteria *
Date First Found- August 15, 2017
Pattern/Why- Earnings Play; Potential H&S formation
Entry Target Criteria- Looking at $79.50 August Puts, currently $0.87
Exit Target Criteria- N/A
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- August 15, 2017
Pattern/Why- Earnings Play; Potential H&S formation
Entry Target Criteria- Looking at $79.50 August Puts, currently $0.87
Exit Target Criteria- N/A
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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