9088 WMT May19 75/77.5 calls over May19 70 went up in 3 blocks on the PHLX marked spread.

WMT

Shares of Wal-Mart Stores Inc. (WMT) are up .87 to 74.97 today.? WMT is near the middle of the 52 week range.

  • Paper traded 9088 WMT May19 75/77.5 calls over May19 70 puts for .72 and .37. ?
  • The ADV is 90977 contracts.?
  • The OI is 17291/1929 and 7024 contracts.

The volume went up in 3 blocks on the PHLX marked spread. This 3 way spread as priced looks selling the call spread and the 70 put.? However, the large OI on the 75 strike could be a roll up for money and the put sale finances the call for some extra upside leverage.? Check the 0I change tomorrow here but the very aggressive call sale is probably a close.

  • IV 30 is trading for 17%
  • HV10 is trading for 11%.?
  • IV 30 is trading above the HV 10.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.