This Is What Whales Are Betting On Walgreens Boots Alliance

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Benzinga's options scanner just detected over 10 options trades for Walgreens Boots Alliance WBA summing a total amount of $1,126,608.

At the same time, our algo caught 5 for a total amount of 957,208.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.5 to $12.5 for Walgreens Boots Alliance during the past quarter.

Volume & Open Interest Development

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 Walgreens Boots Alliance'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 Walgreens Boots Alliance's whale activity within a strike price range from $7.5 to $12.5 in the last 30 days.

Walgreens Boots Alliance 30-Day Option Volume & Interest Snapshot

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 PUT TRADE BULLISH 01/16/26 $2.0 $1.4 $1.52 $10.00 $760.0K 30.0K 5.0K
WBA CALL SWEEP BULLISH 06/20/25 $3.6 $3.15 $3.6 $7.50 $56.1K 8.2K 189
WBA PUT TRADE BULLISH 03/21/25 $2.06 $1.71 $1.82 $12.50 $54.6K 10 398
WBA PUT TRADE BULLISH 04/17/25 $2.2 $2.06 $2.1 $12.50 $52.7K 22.1K 919
WBA CALL TRADE BULLISH 02/21/25 $0.3 $0.16 $0.25 $12.00 $50.0K 0 2.2K

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.

In light of the recent options history for Walgreens Boots Alliance, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Walgreens Boots Alliance's Current Market Status

  • Currently trading with a volume of 23,969,742, the WBA's price is down by -13.62%, now at $10.81.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 65 days.

Professional Analyst Ratings for Walgreens Boots Alliance

4 market experts have recently issued ratings for this stock, with a consensus target price of $11.375.

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. * An analyst from B of A Securities has decided to maintain their Underperform rating on Walgreens Boots Alliance, which currently sits at a price target of $8. * Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Walgreens Boots Alliance with a target price of $13. * Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Walgreens Boots Alliance with a target price of $12. * Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for Walgreens Boots Alliance, targeting a price of $12.

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 Walgreens Boots Alliance with Benzinga Pro for real-time alerts.

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