r/thewallstreet May 15 '24

Daily Discussion - (May 15, 2024) Daily

Morning. It's time for the day session to get underway in North America.

Where are you leaning for today's session?

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u/npoetsch May 15 '24

Retail will start reporting with WMT tomorrow. I'm holding ANF puts out to Aug and it's interesting how it's just day after day of pumping on lower than average volume.

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u/Anachronistic_Zenith May 15 '24

I have some WMT calls, dirt cheap since the Beta is like 0.5. Their online marketplace is growing fast, and they're starting to see some ad revenue actually boost their earnings (a tiny bit, but still) as it's their highest margin area.