Let’s book profits on our Walmart (WMT) bull put spread, earning a 2.8% return in five days, or 204% annualized. Current Stock Price: $148.50 Cash in Hand: $0.22 Action: Buy to close the WMT Apr Week One (4/6) 139 Put for around $0.10 Sell to close the WMT Apr Week One (4/6) 134 Put for…

Let’s put some capital to work by selling a bull put spread on Walmart (WMT). The big-box retailer is a play on consumers looking to save money in a challenging economy. We’re going with a top leg that is a little more than 4% out of the money with a potential 4.4% return on our…