Moderately bullish activity in Wal-Mart (WMT), with shares up 10c (+0.11%) near $96.03.Options volume relatively light with 34k contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.99. Implied volatility (IV30) is higher by 0.1 points near 22.87,and above the 52wk median, suggesting an expected daily move of $1.38. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT: