New Walmart Options for August 29th Show Potential for Profit

New options for Walmart Inc (WMT) began trading today, with one put and one call contract catching the interest of investors. The $93.00 put contract is currently bid at $1.25, offering a cost basis of $91.75 if exercised. The $93.00 put contract has a 65% chance of expiring worthless, providing a 1.34% return. On the call side, the $98.00 strike has a bid of $2.42, offering a 4.83% total return if exercised. Implied volatility is 26% for puts and 25% for calls, with actual trailing twelve month volatility at 24%. For more options contract ideas, visit StockOptionsChannel.com.

Read more at Nasdaq: Interesting WMT Put And Call Options For August 29th