Walmart's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bearish move on Walmart. Our analysis of options history for Walmart WMT revealed 15 unusual trades.

Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $673,370, and 9 were calls, valued at $475,048.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $145.0 to $195.0 for Walmart over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Walmart options trades today is 2395.85 with a total volume of 5,750.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Walmart's big money trades within a strike price range of $145.0 to $195.0 over the last 30 days.

Walmart Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

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 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally.

After a thorough review of the options trading surrounding Walmart, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Walmart

• Trading volume stands at 7,333,431, with WMT's price up by 0.33%, positioned at $156.56.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 95 days.

Expert Opinions on Walmart

5 market experts have recently issued ratings for this stock, with a consensus target price of $177.8.

• Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Walmart, targeting a price of $168.
• An analyst from Truist Securities persists with their Hold rating on Walmart, maintaining a target price of $170.
• An analyst from Telsey Advisory Group has revised its rating downward to Outperform, adjusting the price target to $185.
• Consistent in their evaluation, an analyst from Stifel keeps a Hold rating on Walmart with a target price of $171.
• Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Walmart with a target price of $195.

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.