Walmart is a retail juggernaut. As its online efforts in Jet.com start to come to fruition, they appear to be a serious competitor to Amazon. Their website is seriously impressive in its range of products and user friendly layout. Earnings are to be released August 17th, and I think they will have an easy beat. I plan on holding this position until after earnings. At 1.47 per contract, the position is quite cheap and implied volatility is low setting up a low initial risk needed for some quick gains.