Walmart's Options Frenzy: What You Need to Know

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

Looking at options history for Walmart WMT we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $68,150 and 14, calls, for a total amount of $1,956,192.

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 $75.0 to $110.0 for Walmart during the past quarter.

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 Walmart's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Walmart's substantial trades, within a strike price spectrum from $75.0 to $110.0 over the preceding 30 days.

Walmart 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

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 2,851,737, the WMT's price is down by -0.13%, now at $97.27.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 23 days.

What Analysts Are Saying About Walmart

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $102.25.

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 Wells Fargo persists with their Overweight rating on Walmart, maintaining a target price of $100. * An analyst from Barclays has decided to maintain their Overweight rating on Walmart, which currently sits at a price target of $98. * An analyst from RBC Capital downgraded its action to Outperform with a price target of $105. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Walmart, targeting a price of $106.

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.