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 17 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $1,573,774 and 3, calls, for a total amount of $147,855.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $85.0 and $100.0 for Walmart, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Walmart options trades today is 2499.43 with a total volume of 8,455.00.
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 $85.0 to $100.0 over the last 30 days.
Walmart Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
About Walmart
Walmart's Current Market Status
- With a trading volume of 886,612, the price of WMT is down by -0.02%, reaching $96.09.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 81 days from now.
What The Experts Say On Walmart
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $109.8.
Turn $1000 into $1270 in just 20 days?
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 Walmart with Benzinga Pro for real-time alerts.
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