Earnings came out, lots of positive news on the e-comm side of things but WMT didn't take off on the upside.
From what I see, this is not a good sign plus the stock price needs to take some healthy profit taking.
Taking on a short position using Dec 18 Puts
Close to 6mth low.
RSI showing oversold scenario.
Earnings just released, revenue positive, just that Act EPS didn’t beat estimates.
MA cross didn’t cross yet but I have a feeling that it should in a couple of days.
Dividend yield 4-5% very promising to keep paying out dividends.