Looking At Walmart's Recent Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Walmart.

Looking at options history for Walmart WMT we detected 24 trades.

If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $432,889 and 14, calls, for a total amount of $707,793.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $43.33 to $65.0 for Walmart during the past quarter.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Walmart stands at 7550.31, with a total volume reaching 7,807.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Walmart, situated within the strike price corridor from $43.33 to $65.0, throughout the last 30 days.

Walmart 30-Day Option Volume & Interest Snapshot

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 4,600 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 company serves around 240 million customers globally each week.

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

Current Position of Walmart

• Currently trading with a volume of 10,077,915, the WMT's price is down by -0.85%, now at $60.5.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 62 days.

Professional Analyst Ratings for Walmart

5 market experts have recently issued ratings for this stock, with a consensus target price of $111.6.

• Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for Walmart, targeting a price of $62.
• An analyst from Morgan Stanley persists with their Overweight rating on Walmart, maintaining a target price of $67.
• An analyst from Barclays persists with their Overweight rating on Walmart, maintaining a target price of $60.
• Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on Walmart with a target price of $189.
• Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Walmart, targeting a price of $180.

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.