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Moderately bullish activity in Wal-Mart with shares up 1.22%

Moderately bullish activity in Wal-Mart (WMT), with shares up $1.26, or 1.22%, near $104.69. Options volume running well above average with 144k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 0.7 points near 21.33,and below the 52wk median, suggesting an expected daily move of $1.41. Put-call skew flattened, suggesting a modestly bullish tone.

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