Looking at the WMT Walmart Inc. options chain after the earnings, i would buy the $145 strike price Puts with 2023-1-20 expiration date for about $3.65 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade active
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Price target reached today. WMT Walmart was trading at $142.57 today and the puts were profitable. i believe it can go even lower by the expiration date.