http://www.cnbc.com/2016/08/18/wal-mart-reports-second-quarter-earnings.html
http://www.usatoday.com/story/money/2016/08/18/walmart-posts-second-quarter-earnings/88907676/
http://stockcharts.com/h-sc/ui?s=wmt
Trade:
With WMT at 72.84
Dec 65/62.5 bull put spread for a net credit of $21
Yield = 21/229 = 9.2% in 105 days or 31% annualized
Prob = 93%
Expectation = .93(21) - .03(229) - .04(115) = 19.5 - 6.9 - 4.6 = 8
Price...... Profit / Loss...... ROM %
45.00......... (229.00).......... -91.60%
55.00......... (229.00).......... -91.60%
62.50......... (229.00).......... -91.60%
64.28........... (51.30).......... -20.52%
64.79.............. 0.00............. 0.00%
65.00............. 21.00............ 9.20%
75.00............. 21.00............ 9.20%
80.00............. 21.00............ 9.20%
90.00............. 21.00............ 9.20%
http://www.usatoday.com/story/money/2016/08/18/walmart-posts-second-quarter-earnings/88907676/
http://stockcharts.com/h-sc/ui?s=wmt
Trade:
With WMT at 72.84
Dec 65/62.5 bull put spread for a net credit of $21
Yield = 21/229 = 9.2% in 105 days or 31% annualized
Prob = 93%
Expectation = .93(21) - .03(229) - .04(115) = 19.5 - 6.9 - 4.6 = 8
Price...... Profit / Loss...... ROM %
45.00......... (229.00).......... -91.60%
55.00......... (229.00).......... -91.60%
62.50......... (229.00).......... -91.60%
64.28........... (51.30).......... -20.52%
64.79.............. 0.00............. 0.00%
65.00............. 21.00............ 9.20%
75.00............. 21.00............ 9.20%
80.00............. 21.00............ 9.20%
90.00............. 21.00............ 9.20%