27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Whales with a lot of money to spend have taken a noticeably bearish stance on Walmart.
Looking at options history for Walmart (NYSE:WMT) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 0% of the investors opened trades with bullish expectations and 100% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $260,221 and 3, calls, for a total amount of $333,045.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $51.67 and $66.67 for Walmart, spanning the last three months.
Volume & Open Interest Trends
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 Walmart'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 Walmart's whale activity within a strike price range from $51.67 to $66.67 in the last 30 days.
Walmart Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WMT | CALL | TRADE | BEARISH | 01/17/25 | $9.1 | $8.95 | $9.0 | $53.33 | $270.0K | 12.8K | 300 |
| WMT | PUT | SWEEP | BEARISH | 01/17/25 | $6.5 | $6.45 | $6.45 | $65.00 | $94.8K | 405 | 1 |
| WMT | PUT | SWEEP | BEARISH | 01/17/25 | $7.8 | $7.7 | $7.8 | $66.67 | $50.6K | 177 | 66 |
| WMT | PUT | SWEEP | BEARISH | 01/16/26 | $7.65 | $7.5 | $7.65 | $65.00 | $48.9K | 164 | 75 |
| WMT | PUT | SWEEP | BEARISH | 01/17/25 | $6.5 | $6.35 | $6.45 | $65.00 | $37.4K | 405 | 148 |
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.
In light of the recent options history for Walmart, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Walmart Standing Right Now?
- With a trading volume of 3,188,741, the price of WMT is up by 0.16%, reaching $59.26.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 43 days from now.
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.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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