WMT is going down after its recent earnings release. It has huge insider selling & overall looks very good as short. We think it has good downside potential, and to play this we would consider September $77.50 Puts which are $0.85
* Trade Criteria * Date First Found- August 24, 2017 Pattern/Why- downward momentum short Entry Target Criteria- Break of $77.63 Exit Target Criteria- $72.53 Stop Loss Criteria- $81.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)