Smart Money Is Betting Big In WBA Options

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Investors with a lot of money to spend have taken a bullish stance on Walgreens Boots Alliance WBA.

And retail traders should know.

We noticed this today when the positions 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 WBA, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 21 options trades for Walgreens Boots Alliance.

This isn't normal.

The overall sentiment of these big-money traders is split between 52% bullish and 38%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $27,227, and 20, calls, for a total amount of $1,366,046.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $25.0 for Walgreens Boots Alliance over the recent three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Walgreens Boots Alliance's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Walgreens Boots Alliance's substantial trades, within a strike price spectrum from $5.0 to $25.0 over the preceding 30 days.

Walgreens Boots Alliance Option Activity Analysis: Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
WBA CALL SWEEP BULLISH 07/18/25 $2.49 $2.31 $2.48 $10.00 $208.1K 2.8K 1.0K
WBA CALL SWEEP BEARISH 02/21/25 $1.65 $1.56 $1.57 $10.00 $159.1K 20.5K 3.7K
WBA CALL SWEEP BEARISH 02/21/25 $1.59 $1.44 $1.49 $10.00 $151.7K 20.5K 9.7K
WBA CALL SWEEP BEARISH 02/21/25 $1.54 $1.4 $1.44 $10.00 $146.5K 20.5K 7.7K
WBA CALL SWEEP BEARISH 02/21/25 $1.54 $1.41 $1.42 $10.00 $144.8K 20.5K 9.7K

About Walgreens Boots Alliance

Walgreens Boots Alliance is one of the largest retail pharmacy chains in the US, with over 8,000 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the US. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.

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

Where Is Walgreens Boots Alliance Standing Right Now?

  • Currently trading with a volume of 48,559,816, the WBA's price is up by 24.4%, now at $11.47.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 0 days.

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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 Walgreens Boots Alliance, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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