Behind the Scenes of Walmart's Latest Options Trends

Financial giants have made a conspicuous bearish move on Walmart. Our analysis of options history for Walmart WMT revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $278,230, and 5 were calls, valued at $280,189.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $80.0 for Walmart over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $60.0 to $80.0 in the last 30 days.

Walmart Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

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 retailer serves around 240 million customers globally each week.

Following our analysis of the options activities associated with Walmart, we pivot to a closer look at the company's own performance.

Walmart's Current Market Status

• Currently trading with a volume of 6,337,584, the WMT's price is up by 0.21%, now at $66.45.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 63 days.

Professional Analyst Ratings for Walmart

In the last month, 5 experts released ratings on this stock with an average target price of $75.2.

• Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Walmart with a target price of $75.
• In a positive move, an analyst from JP Morgan has upgraded their rating to Overweight and adjusted the price target to $81.
• Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on Walmart with a target price of $70.
• Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Walmart with a target price of $75.
• Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for Walmart, targeting a price of $75.

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.