 Good afternoon everyone and welcome. This is Melissa Armol and I'm reviewing here a call I made on Walmart and I actually gave two calls on this but the quick fast one was the 100 calls to buy the 100 calls on the 16th the day that stock gap and I actually called it late Because we looked at this and did it in there's a room as a day trade So by the time I got down with the room I called the option It was late, but I know there were people in the room that did it before I called it But we were day trading this in the morning Anyways called the option trade in this around 11 something. It was later in the morning before lunch And it was a really nice price and the stock ran up all day And I called the 100 calls it expired 11 24, which is this week The exit was that day because it was only a one week trade or I also called the ones to expire the end of the Year last week of the year in December So for told on something like that you would really have to firmly believe the stock was going to just explode In the next month same same strike 100 strikes Anyways Walmart is a very strong stock. It's performed pretty much most of the year It's been rallying, but it hasn't really gone crazy if you look at a lot of other strong stocks the market It's been holding the uptrend. It's been an uptrend, but it has really just exploded from October really until now We just look at this here 10 9 So stock was at 80 stock has moved 20 points like a little over a month Actually, and basically just a month Like five weeks That's incredible. So it was an earnings. It was an earnings play and it was it was a really good gap So I made a bullish call. I and when I make the options calls I just do simple by the call or by the put and I call it in the direction Based on the gap rating, which is rated good as a bullish gap so the target was a hundred and I saw it was going to get to at least 98 on the day and then is and as the day started moving and it started moving in the morning I saw the buying was coming in that it could get to 100 as a dream target for the day That was really the dream target for Thursday and it almost got there. Hi of the day was 9968 it got within 32 cents the dream target for that day and that can happen I mean there are days It's tax gap when they gap down and we short them or a gap up and we go along them that they can go The dream target and Walmart was one of those ones in Thursday So really nice call now What does it translate in as far as money for people if you had bought the calls? Expiring 1124 which you would have taken the trade and got out the day of this gap because it was such a big move You would have paid around average of 35 cents and Sold it into the clothes for around a buck. So your profit. Let's just say if you'd risk $525 would have been what 975 dollars and if you'd risk $5,250 your profit would have been what 9,750 bucks either way a huge risk to reward in the trade Very quickly very very quickly and the nice thing about trading options is guess what you don't have to have a margin account With your broker to do options So that is a huge benefit for people if you'd like more information on how to sign up my for my gap options newsletter It's an annual subscription. I am doing a Black Friday special. Feel free to email me at Melissa at the stocks wish calm This is a great way for people to trade in the market and to utilize my system by just taking the options calls They're gonna email to you you take the call whether it's a caller or put when you get it And you got to watch your trade and clearly Walmart is one of those ones you had to watch because it really flew flew on Thursday thanks everybody and if you have any more questions email me at Melissa at the stocks wish calm If you're interested in the golden gap course the next class is December 16th and 17th. Have a great day everyone