Check Out What Whales Are Doing With WMT

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 11 strange trades.

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart.

Looking at options history for Walmart (NYSE:WMT) we detected 11 strange trades.

If we consider the specifics of each trade, it is accurate to state that 9% of the investors opened trades with bullish expectations and 90% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $180,007 and 6, calls, for a total amount of $215,089.

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 $115.0 to $145.0 for Walmart over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $115.0 to $145.0 in the last 30 days.

Walmart Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
WMT CALL SWEEP NEUTRAL 12/16/22 $120.00 $78.3K 1.1K 85
WMT PUT TRADE BULLISH 07/08/22 $120.00 $68.5K 383 1.0K
WMT CALL SWEEP NEUTRAL 08/19/22 $115.00 $31.1K 524 33
WMT PUT SWEEP BEARISH 07/15/22 $120.00 $29.8K 8.6K 1.1K
WMT PUT TRADE NEUTRAL 07/15/22 $145.00 $28.2K 180 24

Where Is Walmart Standing Right Now?

  • With a volume of 2,994,191, the price of WMT is up 0.37% at $122.03.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 46 days.

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.

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