Wal-Mart (NYSE: WMT) reported May total company sales of $31 billion, an increase of 9.8% year-over-year.
WMT is hosting an analyst/investor meeting in Fayetteville, Arkansas on June 6.
WMT overall option implied volatility of 25 is near its 26-week average according to Track Data, suggesting non-directional price risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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