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Options traders brace for big moves in Walmart, Nio, Webull, and Advance Auto Parts earnings

Company Fundamentals
21 May 2026
CNBC
View Source
Neutral
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Ahead of earnings reports, options traders are positioning for significant price swings in several popular stocks. Walmart, up 16% this year, shows a 4.3% expected move with heavy options volume, especially puts. Chinese EV maker Nio sees strong call activity, reflecting speculative interest despite broader market weakness. Webull faces pressure with a 15% drop this year, but call buying suggests some optimism. Advance Auto Parts, the best performer up 32%, has traders betting on an 11% price swing, indicating expectations of continued gains.

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