$Wal-Mart(WMT)$
- Underlying: WMT
- View: Cautiously optimistic, expecting a move towards $118-$120 resistance, but with defined risk due to elevated IV.
- Strategy Type: Debit Spread / Directional Bullish
- Option Contract Portfolio:
- Buy 1 WMT 2026-07-24 $115.00 Call @ $1.575 (Mid)
- Sell 1 WMT 2026-07-24 $120.00 Call @ $0.345 (Mid)
- Max Gain & Loss:
- Max Gain = (Strike Spread - Net Debit) * 100 = ($5.00 - $1.23) * 100 = $377 per spread
- Max Loss = Net Debit * 100 = $1.23 * 100 = $123 per spread
- Initial Cost/Credit: Net Debit of $1.23
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