You're receiving this email because you're subscribed to Ring the Bell from Benzinga. To manage your subscription, click the link at the bottom of this email.

Walmart’s Earnings Surprise Just Created This Great Trade Opportunity

Walmart (WMT) posted earnings last Thursday, beating expectations on Earnings per Share ($.67 vs $.64 expected) and sales ($169.33B vs $168.56B) which lifted the stock about +8%. Since then, its consolidated between the $72.50 and $74 levels.

While I think there might be a mild pullback in WMT, my PFP system (Positioning, Flows, and Price Action) is telling me the line of least resistance is to the upside.

That’s created a great opportunity for an options trade.

Let me show you how I’d trade it.

Come check out my Options Flow Cheat Sheet

A core feature of 'Trading Waves' is the daily table-view post by Chris Capre. This cheat sheet is a compilation of his selected insights from the day's options flow data, offering perspectives that Chris employs for his trades.

Click here to see my ‘Trading Waves’ Cheat Sheet