Financial giants have made a conspicuous bullish move on Walmart. Our analysis of options history for Walmart WMT revealed 10 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $215,051, and 5 were calls, valued at $322,532.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $53.33 to $65.0 for Walmart during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Walmart's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Walmart's whale trades within a strike price range from $53.33 to $65.0 in the last 30 days.
Walmart 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WMT | CALL | SWEEP | BULLISH | 12/20/24 | $8.3 | $8.2 | $8.3 | $53.33 | $103.7K | 1.3K | 126 |
| WMT | CALL | SWEEP | BULLISH | 12/20/24 | $5.95 | $5.85 | $5.95 | $56.67 | $102.9K | 1.2K | 2 |
| WMT | PUT | SWEEP | BEARISH | 06/20/25 | $3.9 | $3.8 | $3.9 | $58.33 | $78.7K | 673 | 0 |
| WMT | CALL | SWEEP | BULLISH | 03/21/25 | $8.1 | $8.0 | $8.1 | $55.00 | $51.0K | 323 | 64 |
| WMT | PUT | SWEEP | BEARISH | 09/20/24 | $6.5 | $6.4 | $6.5 | $65.00 | $49.4K | 1.1K | 143 |
About Walmart
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 stores globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the firm's top line. Internationally, Walmart generated $115 billion in sales. The company serves around 240 million customers globally each week.
Having examined the options trading patterns of Walmart, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Walmart
- Trading volume stands at 2,884,058, with WMT's price down by -0.44%, positioned at $59.09.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 15 days.
What The Experts Say On Walmart
In the last month, 1 experts released ratings on this stock with an average target price of $66.0.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Walmart with a target price of $66.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Walmart with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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