Selling put options before a company’s earnings announcement can be a valid strategy for options traders seeking to capitalize on volatility. One of the primary reasons traders may consider selling a Walmart (WMT) put option before the company’s earnings announcement is the elevated implied volatility. Earnings reports can trigger significant price movements, and this volatility results in an increase in option premiums. By selling the put option before the announcement, traders aim to capitalize on the inflated premium, especially if they believe that the stock will remain above the strike pr…