WMT | Short Straddle Case

12:43:25 May11 short 92 - 84 WMT straddle for 1.50 credit
No catalysts (earnings May 17)
Uncertainty about competition w/ Amazon is stifling trading volume
No sign of strong recovery after earnings miss paired w/ selloff
Wide strike spread leaves 5% margin of error

İşlem aktif:

Buy to close 92 C @ .25, sell to open May11 88 C @ .55