Sell Walmart Puts for 40% Plus Gain

By Linda McDonough • May 9, 2018

Walmart is selling off due to its super expensive purchase of Flipkart in India. Take advantage of the weakness and book the gain in these June puts.

Sell to close the June 15, 2018 put on Walmart (NYSE: WMT) with a strike price of $85 at $4.10 or higher for a 42% gain. Symbol (WMT180615P85)

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Daniel Long

05/09/18 ‐ 9:51am ET May 9, 2018 at 9:51am ET

Great work. Unfortunately, I don’t have the WMT puts.
Will wait for next trade.
DL

Steve K

05/09/18 ‐ 9:59am ET May 9, 2018 at 9:59am ET

Thanks Linda!

Sold on Fidelity @ $4.60!

Rick

05/09/18 ‐ 10:04am ET May 9, 2018 at 10:04am ET

Sold on Fidelity at $4.70. 57% gain in 27 days. Thanks, Linda.

Michael D

05/09/18 ‐ 10:09am ET May 9, 2018 at 10:09am ET

perfect, filled for $4.55 @ schwab.
did not see that coming!
thank You!

MODERATOR: Lisa G

05/09/18 ‐ 10:15am ET May 9, 2018 at 10:15am ET

Sold at $4.70 also.

Maria R

05/09/18 ‐ 10:22am ET May 9, 2018 at 10:22am ET

Solf for 4.70 @ schwab.
Thanks

DJ

05/09/18 ‐ 10:23am ET May 9, 2018 at 10:23am ET

Hey Linda,

Is it for People that may have bought these put earlier when recommended it? Or this can stand alone trade by itself.

Thanks.

MODERATOR: Lisa G

05/09/18 ‐ 10:27am ET May 9, 2018 at 10:27am ET

You had to have bought the puts in order to sell them today.

Manoj Khot

05/09/18 ‐ 10:43am ET May 9, 2018 at 10:43am ET

And when was this put recommended earlier. I don’t see the recommendations in the past under the Portfolio section of this website? Or am I missing something, correct me if I understood it wrong, as a new one to Profit Catalyst.

https://www.investingdaily.com/profit-catalyst/alerts/41786/discount-food-gets-ugly-buy-puts-on-walmart-dollar-general-and-big-lots

MODERATOR: Lisa G

05/09/18 ‐ 10:47am ET May 9, 2018 at 10:47am ET

On the Portfolio page it is now under closed trades, not open, since it is not longer open. And the link that was added to your questions is the trade alert for buying the puts.

Linda McDonough

05/09/18 ‐ 10:58am ET May 9, 2018 at 10:58am ET

You can also see all of the historical trade recommendations under the Alert tab.
Linda

Manoj Khot

05/09/18 ‐ 10:46am ET May 9, 2018 at 10:46am ET

Thanks I get it now, as I mentioned I am new to the Profit Catalyst, and thank you for the quick reply, it was surprisingly quick 🙂

MODERATOR: Lisa G

05/09/18 ‐ 10:53am ET May 9, 2018 at 10:53am ET

Having a slow day at the office. I am not always able to answer during business hours. 🙂

Linda McDonough

05/09/18 ‐ 10:57am ET May 9, 2018 at 10:57am ET

DJ-
This is the closing of an earlier put trade. I never recommend trades for shorting options so this is simply the closure of that buying of the WMT put.
Best,
Linda

DJ

05/09/18 ‐ 3:21pm ET May 9, 2018 at 3:21pm ET

Great thanks Linda. Bravo to all that made some money.. looking foreword to get in some of those soon..

Victor

05/09/18 ‐ 10:25am ET May 9, 2018 at 10:25am ET

Sold at 4.20 NC on Tasty

Wallace Rodriguez

05/09/18 ‐ 10:28am ET May 9, 2018 at 10:28am ET

SOLD AT 4.66 – 69% GAIN!!! IN JUST 2 WEEKS – EXCELLENT LINDA!! THANKS!!

Anthony M

05/09/18 ‐ 10:40am ET May 9, 2018 at 10:40am ET

Out at $4.70. Thank You Linda for the timely alert!

Steve S.

05/09/18 ‐ 10:53am ET May 9, 2018 at 10:53am ET

Sold WMT June puts @ $4.65 on Schwab at 10:48 AM. Thank you very much Linda for a great pick and great timing.

Paul

05/09/18 ‐ 11:12am ET May 9, 2018 at 11:12am ET

Sold WMT puts for $4.83 on Fidelity. Thank You Linda.

John N

05/09/18 ‐ 12:09pm ET May 9, 2018 at 12:09pm ET

Sold for $4.49. Thanks again Linda!

Melody Pfingsten

05/09/18 ‐ 7:28pm ET May 9, 2018 at 7:28pm ET

Linda, a win with options from you! Yippie.. I have not had much luck with options and your picks with options so happy to make a few bucks. Do you have any ideas about snd? A long hold down 60%.
Also, not sure if you are interested but I have been doing some options with rtn. tI seems to have a range so i have done both calls and puts of late. I am usually able to double my money with in couple of weeks.

I was happy to see ichr had a good quarter and the stock is up some. I have found this to be a good stock to buy in and out of.

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