Notable profits for the buyer who lifted the $0.33 offer for 16,721 Wal-Mart (WMT) Jan-26 122 calls yesterday at 11:17ET when underlying shares were trading at $119.53. Shares closed at $120.04, and the calls at $0.46 for a mark-to-market profit of 39%, or $215K, on the $552K outlay.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart price target raised to $135 from $125 at Morgan Stanley
- Walmart: Well-Positioned for Near-Term EPS Upside and Long-Term Growth Driven by Category Momentum and AI Leadership
- Walmart (WMT) Managers Look Beyond Traditional Retail to Extend Stock Runway
- Walmart Told to Slow Down Indian Quick Commerce Due to Driver Safety Fears
- Walmart opens Eastvale Supercenter
