Benzinga's options scanner just detected over 22 options trades for Walmart WMT summing a total amount of $1,010,809.
At the same time, our algo caught 2 for a total amount of 86,900.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $180.0 for Walmart over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Walmart options trades today is 4222.67 with a total volume of 7,073.
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 $130.0 to $180.0 over the last 30 days.
Walmart Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| WMT | CALL | SWEEP | BULLISH | 01/20/23 | $180.00 | $431.5K | 8.9K | 1.5K |
| WMT | CALL | TRADE | BEARISH | 01/20/23 | $180.00 | $226.5K | 8.9K | 1.9K |
| WMT | CALL | TRADE | BEARISH | 12/17/21 | $155.00 | $111.6K | 10.8K | 783 |
| WMT | PUT | TRADE | BULLISH | 06/17/22 | $150.00 | $52.4K | 476 | 50 |
| WMT | CALL | TRADE | BULLISH | 11/12/21 | $147.00 | $42.3K | 687 | 139 |
Where Is Walmart Standing Right Now?
- With a volume of 1,618,438, the price of WMT is down -0.02% at $149.76.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 14 days.
What The Experts Say On Walmart:
- Goldman Sachs has decided to maintain their Buy rating on Walmart, which currently sits at a price target of $196.0.
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 are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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