WMT

Nothing is normal when an entire industry is disrupted like this. Being a business that affects both consumers and companies across the board and losing revenue so fast is a first.
 
After the huge drop, I would wait at least 3 or 4 days to see if it bounces. If it doesn't bounce up, then the drop is real and I would get in with ATM puts if there is a red bar with higher volume. Good luck!
 
scott_miller said:
Nothing is normal when an entire industry is disrupted like this. Being a business that affects both consumers and companies across the board and losing revenue so fast is a first.
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I'm sure most people's experience with online shopping is similar to mine. Probably half the time now I don't even want to bother driving to Walmart, Fry's, or another retailer to buy something, especially if I can buy it cheaper and get free shipping, such as from Amazon, as well as do online comparisons of pros, cons, and further online research when necessary. I sometimes buy off of Walmart.com if I it's cheaper than Amazon since not every item on Amazon is cheaper.

For the options on WMT, I think the stock has already been sold so hard and downgraded that it may be temporarily oversold, thus short term not much downside. The stock may be rangebound for a while. It's only at ~12.5x PE current and forward right now vs. PE 21.5 for S&P 500. http://www.multpl.com/s-p-500-earnings/table
 
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