Smart Money Is Betting Big In WMT Options

Investors with a lot of money to spend have taken a bullish stance on Walmart WMT.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WMT, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 27 uncommon options trades for Walmart.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish and 44%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $130,170, and 24 are calls, for a total amount of $1,644,031.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $46.67 to $130.0 for Walmart over the last 3 months.

Volume & Open Interest Trends

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 $46.67 to $130.0 in the last 30 days.

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 locations globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the company's top line. Internationally, Walmart generated $115 billion in sales. The retailer serves around 240 million customers globally each week.

Current Position of Walmart

• Currently trading with a volume of 9,141,913, the WMT's price is down by -0.42%, now at $95.02.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 64 days.

Professional Analyst Ratings for Walmart

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $99.4.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on Walmart with a target price of $96. * An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Walmart, which currently sits at a price target of $94. * Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Walmart, targeting a price of $96. * An analyst from Jefferies persists with their Buy rating on Walmart, maintaining a target price of $111. * An analyst from Guggenheim has decided to maintain their Buy rating on Walmart, which currently sits at a price target of $100.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Walmart, Benzinga Pro gives you real-time options trades alerts.