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ShortSeller76
May 18, 2022 7:11 PM

WMT oversold Long

Walmart Inc.NYSE

Description

Oversold on several indicators but still trading above the cloud overall, looking for a bounce to $131-136 in coming days. Bought 90 June 24th $125 calls

Comment

Added 15 more calls. Max position wont be adding further.

Trade closed manually

Closed position, $6180 profit, not as profitable as I expected due to decay of calls.
Comments
Eanizzuan
hold it it will bounce..
ulfkirsten1234567
Thanks!
Bounce maybe tomorrow, thursday?
ShortSeller76
@ulfkirsten1234567 quite likely usually reversals occur on day 3. Way oversold on several indicators but this is a crazy market too! Ty and GL
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