Weekly Wiretap Pick Of The Week WMT

MAX Trade Potential: 37%

My Trade Plan Details:

• WMT Sept 5 $99 Calls around 3.20 to $3.50 area

• Stop: WMT closes below $97

• Target 1: $102
  
• Target 2: $103
• Target 3: $104
  

My Reasoning:

Here are 4 reasons why I like WMT calls right now,

1. Bullish Analyst Sentiment & Earnings Momentum

2. Unusually High Call Option Activity

3. Improving Institutional Confidence

4. Macro Tailwinds and Timing