WMT Iron Condor - 2026-01-30

Trade Date: 2026-01-30
Symbol: WMT
Status: CLOSED
Market Regime: bear

Trade Setup

This week's dividend anomaly pick targets WMT with an Iron Condor spread designed to capture premium during the pre-dividend volatility compression window.

Strike Prices

• Short Call: $170.74
• Long Call: $175.94
• Short Put: $160.35
• Long Put: $155.15

Trade Metrics

• Target Premium: $104.00
• Max Loss: $520.00
• Win Probability: 69.7%
• Risk/Reward Ratio: 5.00:1

Entry Window

Entry Period: Jan 31, 2026 - Feb 3, 2026

Enter this position during the specified window when implied volatility is elevated ahead of the ex-dividend date. The system identified this opportunity based on historical volatility patterns and dividend announcement timing.

Market Analysis

The current market regime is bear, which influences our strike selection and position sizing. In bearish conditions, we widen our put spreads to accommodate potential downside volatility.

Trade Outcome

Result: LOSS
P/L: $-105.01
Return on Risk: -20.2%

This trade hit max loss as WMT moved outside our defined range. While losses are part of any trading system, our defined-risk approach capped the downside at $520.00.

Risk Management

• Position Size: $1,000 allocated capital per trade
• Max Loss: $520.00 (52.0% of capital)
• Defined Risk: Iron Condors have built-in protection via long options
• Exit Strategy: Close at 50% profit or max loss, whichever comes first

Notes

Backtest trade - historical simulation

This trade is part of the Dividend Anomaly System's systematic approach to capturing pre-dividend volatility inefficiencies. Past performance does not guarantee future results.