Video summary
Melissa Armo from The Stock Whisperer presents a review of Walmart as the featured "Play of the Day" for August 20th, highlighting a successful short trade executed using put options. The video emphasizes the significant market movement observed in the morning session, where the stock opened at 106.38 after closing the previous day at 114.30, demonstrating a sharp decline that provided excellent entry points for traders. Armo describes this as a "beautiful move" and notes that the position was managed by getting into the trade, adding to it as the price dropped further, and then exiting quickly once the desired profit was secured, showcasing an effective day trading strategy on margin.
The core of the discussion revolves around the importance of identifying stocks with sufficient movement, momentum, and volume to generate profitable opportunities. Armo explains that while she prefers quick in-and-out trades during the morning hours for day trading, holding weekly options can also be a viable strategy if a trader has more time to let the position develop. She points out that Walmart was one of the few stocks that performed well on this particular day, reinforcing her belief that success in trading relies heavily on selecting the right pick with the correct directional bias. By utilizing her proprietary 26-point system, which is taught in her monthly classes, she aims to consistently find these high-probability setups regardless of the specific market conditions.
Beyond the technical analysis of the trade, the video serves as a promotional segment for The Stock Whisperer's educational offerings and special events. Armo encourages viewers who are interested in learning her trading methods or joining her community to sign up by emailing her at melissa@thestockwhisperer.com, specifically mentioning an upcoming "back to school special" that concludes the following day. She reflects on a great week of trading so far, noting that the market action is not yet over and expressing optimism about future opportunities. The overall message is one of empowerment, suggesting that traders can make money daily by focusing on quality picks and understanding how to navigate both options and day trades effectively.
Read the full video transcript
Hello there everyone, and welcome. This
is Melissa Armo with The Stock
Whisperer. I'm reviewing Walmart.
Walmart was a Stock Whisperer show play
of the day today. We also did the 105
puts in this. Um very nice trade this
morning. This was a short. Um so let's
go over the gap. The gap closed
yesterday, or the stock closed yesterday
at 114.30.
Gap down this morning and opened at
106.38.
Fell off a planet. Beautiful, beautiful,
beautiful move here this morning. Again,
almost broke 103. Um and again, this is
a short. So, a put is a short. And I
also do day trades. Again, in the room
I'm doing the day trades. What do I mean
by a day trade? I mean I'm shorting the
stock. Shorting the stock on margin. So,
here was the day trade we did.
Really nice trade cuz we did the add. We
got in, added, got the drop. Boom.
Again, I like to be in and out quick,
quick, quick in the morning. But, it's
easier to hold options. Again, I usually
do the weekly options. So, if you have
more time to let this go, and you could
still be in this. But this morning, the
option did continue down in here into
11:00 a.m. So, uh we'll see where this
goes. Let's take a look at the market
quick.
Market's nowhere's here yet, Bill yet
here today.
Um
but Walmart worked. Walmart worked. So
again, all you need is one good pick a
day. One good pick a day, and you can
make money trading. Whether it's an
option, whether it's a day trade, no
matter how you want to play it, but you
got to get the pick right. You got to
get something that has movement and
momentum and volume. And you got to get
the direction right. And that's what I'm
able to do when I go through my 26-point
system. So, that is a system I teach in
the class, which is once a month. Um if
you're interested, if you want to sign
up, email me at
melissa@thestockwhisperer.com.
Don't forget the back to school special
ends tomorrow. Pretty big special. If
you want to get in and start trading
with us,
um it's been a great week, really. So,
and it's not even over yet. So, we'll
see what happens tomorrow. Good luck.