Wal-Mart stock is the king of retail with annual revenue of $485.5 billion there is no-one that compares with their numbers.
Walmart Stock Chart
The stock has been in a downturn since it collapsed on Oct 14. Yo can see in the chart below the decline period and the past three weeks of trading following what was the worst one day decline in years for Walmart Stock.
The stock was starting to rise following a low of $56.77 on Nov 2. It reached an intraday high of $59.20 within 4 trading days. However the Macys decline sent shock waves through the retail sector and Walmart Stock turned back down.
Today’s decline has pumped up option premiums yet again. So far all my trades in Walmart Stock have ended with gains. I am expecting the same outcome with the latest trade from today.
This trade alert and strategy discussion, including possible rescue strategy, is for FullyInformed Members.
Trade Alert As Walmart Stock Continues The Decline – Nov 13 2015
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.