I opened
$Wal-Mart(WMT)$ ,
WMT: short additional shares of Walmart if it continue its bullish march up. The retail sector is showing great resilience and Walmart issue better outlook along with strings of analysts upgrades.
Walmart current high PE could boost risk to rewards if it corrects back to its historical average. Will continue to add some short positions as it continue to rise until my allocations for the trade is full.
Side | Price | Realized P&L |
---|
Sell Open | 89.34 | -1.38% Holding |
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