WMT Walmart Options After The Earnings

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 chiuso: obiettivo raggiunto:

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.