WMT is a core holding with significant realized gains.

So, let's go over an example with Walmart. Walmart is a core position in my personal portfolio and something that I oftent times talk about in my private coaching community on Discord.

So Walmart, let's talk about Walmart cash secured put. Let's say that the share price is 105. You set aside $10,000. Expiration date is 30 days and you collect a very small amount of money.

Walmart has something that's called low implied volatility. When a stock has lower implied volatility, the premium is also going to be much less.

If Walmart stays above $100, the put will expire worthless. And you get to keep the $10,000 and do something else with it or simply run the strategy again. And you keep the $150 regardless of what happens, whether the stock goes up, sideways, or down.

Let's say that Walmart drops below $100 and you're assigned 100 shares at $100. Well, that's going to cost you $10,000. However, your real cost per share will still be $98.50 after you factor in the premium.

However, that's pretty difficult for something like Walmart to drop down to $5.

I actually personally have an $800,000 gain on Walmart stock.