Behind the Scenes of Walmart's Latest Options Trends

Financial giants have made a conspicuous bullish move on Walmart. Our analysis of options history for Walmart WMT revealed 13 unusual trades.

Delving into the details, we found 46% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $163,618, and 8 were calls, valued at $653,660.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $75.0 for Walmart during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Walmart's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Walmart's significant trades, within a strike price range of $50.0 to $75.0, over the past month.

Walmart Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

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.

Where Is Walmart Standing Right Now?

• Currently trading with a volume of 6,772,956, the WMT's price is down by -0.56%, now at $67.5.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 48 days.

What The Experts Say On Walmart

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $76.2.

• An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Walmart, which currently sits at a price target of $73.
• An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Walmart, which currently sits at a price target of $75.
• An analyst from Oppenheimer persists with their Outperform rating on Walmart, maintaining a target price of $75.
• An analyst from Jefferies has decided to maintain their Buy rating on Walmart, which currently sits at a price target of $77.
• In a positive move, an analyst from JP Morgan has upgraded their rating to Overweight and adjusted the price target to $81.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Walmart options trades with real-time alerts from Benzinga Pro.