2d • General discussion
EagleTrade family — new play alert.
This market is shaky and I'm not going to pretend otherwise. So instead of chasing the names running hot right now, I went defensive.
1- WMT. Walmart.
Here's the trade:
WMT Call Strike: $135 Expiration: September 2026 Premium: $8.65
This is a pullback buy off the 20 SMA. WMT hit an all-time high of $134.69 on February 17 and has since pulled back. The stock is currently sitting around $127.95. There is resistance at $129.58 — if it breaks through that level cleanly, I see us making our way back to all-time highs and beyond.
Why WMT right now? When the market gets uncertain, consumers don't stop spending — they spend smarter. Walmart is where that money goes. This is the perfect environment for this name.
September gives us time. Time is our edge.
2- AU — AngloGold Ashanti.
Here's the trade:AU Call Strike: $140 Expiration: July 17, 2026 (long-dated for time edge and reduced theta pressure) Premium: ~$12.10 (your entry at average cost $12.00; confirm live bid/ask as it fluctuates—current chain shows similar long-dated calls in that range)
This is a pullback buy near support levels after AU pushed to a recent high around $129+ (intraday peaks hitting new territory in early 2026). Stock is currently trading around $126.58-$128 area (down ~0.9% today but holding firm). It's consolidating after the breakout, with potential resistance ahead near $129-130—if we see a clean push through on volume (gold staying elevated helps), path opens to $140+ and beyond as miners catch the commodity wave.
Why AU right now? Gold prices are hovering strong (~$5,300+/oz), driving mining leverage. In uncertain markets, gold acts as a hedge, and AU's diversified operations (Africa, Australia, Americas) plus solid fundamentals make it a quality play when volatility spikes or macro worries hit. This long July 2026 expiration gives us breathing room—time decay is minimal compared to short-dated, letting the thesis develop.
No play is 100%. Position size responsibly (1-2% risk max, defined by debit), set your stops (e.g., below breakeven $152 or recent lows if invalidates), and honor them. Manage greed and fear—don't add if it gaps against.
Stay disciplined, Eagle Trade family.
— AK | EagleTrade
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EagleTrade family — new play alert.
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