Use options to play Wal-Mart stock after the sharp drop

Shares of Wal-Mart Stores Inc (WMT) shed 10% on Wednesday on the back of the company lowering its sales outlook for the current year. The stock increasingly looks deeply oversold and with options implied volatility high investors could use options to make a calculated trade.

[youtube id=”XFJrmRDXXGQ”]

Leave a Reply

Your email address will not be published. Required fields are marked *